AMA: All About Income Tax Notices

Hi @ashishb ,

Relief u/s 90 is available and claimed while filing the return of income in India. Further, taxes paid in foreign country to be claimed in India are known as Foreign Tax Credit (FTC). To claim FTC, form 67 is required to be furnished by the taxpayer.

If you have filed Form 67 and claimed Credit for taxes paid in foreign country, then you may disagree with the demand and submit response to the notice accordingly.

Hope it helps.

1 Like

Thanks @Anar_Desai for your inputs. I have submitted my response against the notice. Waiting to hear from Income Tax department.

Thanks,
Ashish

Happy that we could help @ashishb :blush:
Please let us know if there are any further difficulties you face.

How does e-assessment work?

Hi @emmy

e-Assessment Scheme is a process for faceless scrutiny of Income Tax Returns. It eliminates physical interference between the taxpayer and the assessing officer.
All communication between the Income Tax Department(ITD) and the taxpayer will happen electronically. All internal communication within the ITD for a particular case will happen electronically.

Dear Quicko Team- I have received below msg from income tax dept could you suggest the forward way so that i can purchase a plan for clear below issue.

Attention Vijendra(PAN XXXXXXXX5X)
Income Tax Department has identified certain high value information which does not appear to be in line with the Income Tax Return filed for Assessment Year 2021-22 (relating to FY 2020-21). You can view the information on compliance portal. Please revise ITR / submit online response under e-Campaign tab on Compliance Portal. If the information has been correctly accounted for in ITR, you may ignore this message. Access Compliance Portal after login to the e-filing Portal (https://www.incometax.gov.in), go to “Pending Actions” tab, click on “Compliance Portal” and select “e-Campaign (AY 2021-22 onwards)”. On Compliance Portal, under e-Campaign list, view campaign type ‘High Value Transactions’. - ITD

Hi @Vijendra_bhade, if you have correctly filled the information you can ignore the message. If you feel that there are discrepancies between your filed return and the actual information you can revise it by the end of day today i.e. 31st March 2022. Let me know if you have any other queries, would love to help. :blush: