Received an income tax SMS or email for mismatch of income? Respond to it on the I-T portal
Unless a taxpayer can provide a satisfactory explanation for the mismatch of income, he may have to consider filing an updated tax return. While failure to provide a response on the I-T portal will attract no penalty now, ignoring to resolve this matter can result in future litigation.
Mayank Mohanka Sandeep Sehgal Income Tax Department Sm Mohanka Associates Verification Scheme User Guide
Source: moneycontrol.com