IT Dept Nudge: Revise ITR by Dec 31 for Ineligible Claims
The Income Tax Department is urging taxpayers to review and revise their ITRs by December 31, 2025, if they have claimed ineligible deductions or exemptions. This is part of a 'NUDGE' campaign to encourage voluntary compliance and prevent further scrutiny.
- Income Tax Department sends 'NUDGE' alerts via SMS and email.
- Alerts target potentially ineligible deduction or exemption claims.
- Taxpayers must verify claims and file revised ITR by Dec 31, 2025.
- Genuine claims require no action; inaccurate ones risk penalties.
- Missing deadline may lead to additional tax on updated returns.
- The campaign aims to foster voluntary compliance and data transparency.
Read the full story on Quick Digest.