In India, taxpayers often face issues with income mismatches in their income tax returns. To tackle this problem, the Indian government has recently launched a new compliance portal. The portal offers assistance in dealing with discrepancies related to interest and dividend incomes…

The portal aims to simplify the process of identifying and rectifying income mismatches. It provides step-by-step guidance on how to handle such discrepancies in the income tax return (ITR) filing. Taxpayers can access the portal to understand the commonly observed mismatches and the actions they need to take to rectify them…

Additionally, the compliance portal also offers a solution to income mismatch issues caused by investments in public provident funds (PPF) and national savings certificates (NSC). Taxpayers can take advantage of the portal to resolve these specific discrepancies as well…

Overall, the new compliance portal serves as an efficient tool for taxpayers to identify and rectify income mismatches in their income tax returns. It not only simplifies the process but also promotes tax compliance across the country. With the help of this portal, taxpayers can ensure that their tax information is accurate and avoid any potential penalties or legal complications. Read more to learn about the features and benefits of this new compliance portal…