IT Dept Calms Nerves: Transaction Emails Are Advisories, Correct Errors by Dec 31!

• Income Tax Department clarifies that emails/SMS about financial transactions are advisories, not legal action.
• Messages highlight discrepancies between taxpayer returns and data received from financial institutions (AIS).
• Purpose is to inform taxpayers to re-verify filings and correct any errors by December 31, 2025.
• Clarification comes amid strict action against fraudulent refund claims and incorrect tax deductions.
• Taxpayers can review their Annual Information Statement (AIS) on the e-filing portal and revise returns if needed.

Why It Matters: IT Dept assures taxpayers: transaction emails are advisories to correct errors, not legal action.