The Income Tax Department now receives automatic, continuous data feeds directly from banks, stockbrokers, mutual fund registries, and property offices. When central algorithms spot even a minor formatting difference or missing line item between your filed return and these external feeds, a notice is issued automatically.
The Income Tax Department now receives automatic, continuous data feeds directly from banks, stockbrokers, mutual fund registries, and property offices. When central algorithms spot even a minor formatting difference or missing line item between your filed return and these external feeds, a notice is issued automatically.
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