If, you may receive the following message like this from the tax office: However, according to available records, it appears that you have not filed an income tax return for 202X-2X tax year (with respect to fiscal year 201X-2X).
Don’t worry about this message. This is similar to your marketing campaign. The tax department will send an email/SMS to the taxpayer acknowledging that it has received information from various sources regarding high-value transactions made by the taxpayer.
The main purpose of this e-campaign is to make it easier for taxpayers to check the information available with tax authorities, pay applicable taxes, and file income tax returns.
The above email/message is sent to ask the taxpayer to: Pay their taxes and file your income tax return by the tax return due date. Otherwise, paying taxes along with interest, penalties, etc. at a later date will have big consequences.
Now, If you are wondering about income tax e-campaign tab on compliance portal. Read on.
What Is E-campaign Tab on Compliance Portal
The Income Tax Department has launched an e-campaign on voluntary income tax compliance for the convenience of taxpayers. This campaign is focused on assessors/taxpayers who are either:
| 1. Discrepancies/deficiencies in their returns |
| 2. Or Non-filers on income tax returns. |
As part of this electronic campaign, the Income Tax Department will send emails/SMS to identified taxpayers to verify financial transactions related to information received by the IT department from various sources such as SFT, TDS, and TCS.
Make sure the department may collect information about GST, imports and exports, securities, derivatives, commodities, and mutual fund transactions through various third parties.
How Do I Access My E-campaign Income Tax?
Taxpayers can access the e-Campaign – Significant Transactions module as follows:
- First, go to Compliance Portal Click the left sidebar login button that redirects taxpayers to the e-filing portal. again, Access the electronic filing portal at URL https: //incometaxindiaefilling.gov.in
2. Log in to the e- filing portal and click one of the “Compliance Portal” links below. There will be two tabs, My Account, and Compliance. Taxpayers are mandated to comply portal.
3. After successfully logging in, click on the e-campaign option that appears on the Compliance Portal landing page.
4. Tap on Financial Year under e-Campaign – Significant Transactions.
5. Click on the alert message pop-up window to see a summary of the information.
6. Tap on the > button to see specific information.
7. Click the > button in the information details to display the feedback options
8. Tap on the feedback option and submit the response as applicable.
What Is E Campaign Non Filing of Income Tax Return
Taxpayers whose gross income is above the prescribed limit or otherwise meet other conditions to Income tax as set out in Section 139 of the Income Tax Act 1961 require filing an income statement. Non-filer Identify potential tax liabilities by analyzing the information received in annual Information Return (AIR), Statement of Financial Transactions (SFT), Centralized Information Branch (CIB), TDS/TCS Declaration, Securities Transaction Tax (STT), etc., and taxpayer profile.
Taxpayers can access the e-Campaign – Non-Filing of Tax Return module by following the steps outlined below:
- First, go to Compliance Portal (https://compliance.insight.gov.in.) Click the left sidebar login button that redirects taxpayers to the e-filing portal. again, Access the electronic filing portal at URL https: //incometaxindiaefilling.gov.in.
2. Log in to the e- filing portal and click one of the Compliance Portal links below. There will be two tabs, My Account, and Compliance. Taxpayers are mandated to comply portal.
3. After successfully logging in, click on the e-campaign option that appears on the Compliance Portal landing page.
4. Tap on Financial Year under Non-Filing of Return.
5. Taxpayer will open 2 tabs i.e. e-campaign response on the filing of income tax return and click on confirmation e-campaign information.
6. Taxpayers should click on “Response to Tax Return Filing” to submit the appropriate response after ITR submission.
7. After submitting your income tax return, click E-Campaign. Click Confirm to submit your confirmation feedback.
8. Click on the alert message pop-up window to see a summary of the information.
9. Click the > button to see specific information.
10. Click the > button in the information details to display the feedback options.
What are high-value transactions?
Taxpayers are required to declare transactions on their income tax returns if the transaction is of a larger amount and exceeds a certain threshold. Below is a list of high value transactions for which the Income Tax Department may give notice to taxpayer.
| Transaction | Threshold | Authority |
| Cash deposits into fixed deposit accounts | 10,00,000 | Banks must disclose transactions to the Commissioner of Income Tax by filing Form 61A, known as a Financial Statement when deposit amounts exceed a threshold |
| Depositing or withdrawing cash from a savings account | 10,00,000 | Banks must disclose transactions to the Commissioner of Income Tax by filing a Form 61A, known as a financial statement when a deposit amount exceeds a threshold. |
| Depositing or withdrawing cash from a current account | 50,00,000 | Banks must disclose transactions to the Commissioner of Income Tax by filing Form 61A, known as a Financial Statement, when deposit amounts exceed a threshold. |
| Selling or buying immovable property | 30,00,000 | Property registrars/sub-registrars are required to report transactions exceeding thresholds on Form 61A. |
| Invest cash in stocks, mutual funds, bonds and bonds | 10,00,000 | Mutual fund trustees and stock exchanges must report transactions above the threshold on Form 61A. |
| Payment of credit card bill in cash | 1,00,000 | Banks must report transactions above the threshold using Form 61A. |
| Payment by credit card with non-cash payment methods such as NEFT, or check. | 10,00,000 | Banks must report transactions above the threshold using Form 61A. |
| Sale of foreign currency | 10,00,000 | Banks must report transactions above the threshold using Form 61A. |
| Cash payment for the purchase of bank draft or prepaid RBI products | 10,00,000 | Banks must report transactions exceeding the threshold in Form 61A. |
What is high value transaction e-campaign?
The Income Tax Department has launched an e-campaign on voluntary income tax compliance for the convenience of taxpayers.
This campaign is focused on assessors/taxpayers who are either:
- Non-filers on income tax returns.
- Inconsistent/Defective Return
In an e-campaign, the income tax department contacts a specific taxpayer by email or SMS to verify financial transactions related to data received by the IT department from various sources such as his SFT, TDS and TCS. The Department may use various third parties to obtain data on GST, imports and exports, securities trading, derivatives, commodities and mutual funds.
You may receive emails/SMS from e-campaigns if:
- You have not filed your income tax return
- Income tax return is inconsistent/flawed
What Is Significant Transactions under E Campaign
Transactions reported to the Income Tax department during a financial year that is considered not in line with the profile of the taxpayer based on pre-defined rules are displayed to the taxpayer for feedback.
Taxpayers can access the e-Campaign – Significant Transactions module as follows:
- First, go to Compliance Portal (https://compliance.insight.gov.in.) Click the left sidebar Login button that redirects taxpayers to the e-filing portal. again, Access the electronic filing portal at URL https: //incometaxindiaefilling.gov.in.
2. Log in to the e- filing portal and click one of the “Compliance Portal” links below. There will be two tabs, My Account, and Compliance. Taxpayers are mandated to comply portal.
3. After successfully logging in, click on the e-campaign option that appears in the Compliance Portal landing page.
4. Tap on Financial Year under e-Campaign – High Value Transactions.
5. Click on the alert message pop-up window to see a summary of the information.
6. Tap on the > button to see specific information.
7. Click the > button in the information details to display the feedback options
8. Tap on the feedback option and submit the response as applicable.
How Do You Submit an Online Response under the E-campaign Tab on a Compliance Portal
You can Simply submit your responses online. Here are the steps:
- Log in to the Electronic Reporting Portal using the URL https://incometaxindiaefiling.gov.in/
- Click the Compliance Portal link available from the My Account or Compliance tabs.
- Click the E-verification tab.
- Click the View button next to the case.
- Please select an answer and submit it.
After submitting your response, you will see the message “Your response has been submitted successfully.”
Conclusion
In this article, you got to know about income tax e-campaign tab on the compliance portal. The Income Tax Department has launched an e-campaign on a voluntary income tax compliance portal for the convenience of taxpayers.
This e-campaign is to make it easier for taxpayers to check the information available with tax authorities, pay applicable taxes, and file income tax returns.