Tax Department Message? Act Fast, Revise Your Return!

• Messages from the Income Tax Department often indicate data mismatches with your filed return, not necessarily a warning.
• The department receives extensive data from various institutions (banks, employers, MFs), which is compared against your filing (Form 26AS, AIS).
• Pay attention to messages regarding missing income, unreported interest, or TDS discrepancies, as these often require a revised return.
• Carefully compare the message with your filed return and financial records; revise only if a genuine error or omission is found.
• Ignoring valid discrepancy messages can lead to extra tax demands, interest, or delayed refunds; timely revision is crucial.

Why It Matters: Don't ignore tax department messages; review and revise your return promptly to avoid penalties.