E-campaign says status pending

This query is : Resolved 

16 April 2022 in ais some interest transactions marked as expected. my CA saying not required to do anything no feedback ignore because we provided all correct info of interest in return.

is that okay to not provide feedback?
on it dep website it says if marked as expected you are required to provide feedback.

should i mark those as [Information is correct] or [Information is denied]?

please help

16 April 2022 Accept CA advice nothing to do.
You have to report only if someone's income is included in your AIS.

16 April 2022 sir but in AIS portal says: if any transaction marked as Expected you are Required to provide feedback that is why i am saying.

i had received message saying High Value Transactions were identified under e-campaign.

should i mark those as [Information is correct] or [Information is denied]? those transactions were mentioned in interest header in return. what correct option to choose?

please help. thank


16 April 2022 Mark only information denied.

16 April 2022 If you have taken the effect in your ITR then no need to take any action.

16 April 2022 before posting here i marked some transactions as [Information is correct] what should i do now? i did that only because portal said [required] for [expected] transactions and i thought that feedback mean my itr is correct.

https://www.livemint.com/money/personal-finance/what-does-income-tax-notice-for-high-value-transactions-imply/ : “On receiving such an intimation, the taxpayer should provide their feedback, even in cases where an income tax return has been correctly filed. A preliminary response will enable the tax department to resolve queries and avoid any future notice and scrutiny. Guidance on filing a response is available on the compliance portal under the ‘resources’ tab," said Agarwala.

16 April 2022 No problem in marking right.
Marking wrong transaction is a must.

16 April 2022 there are no wrong transactions in ais all are tds interest related which were already put in itr.

should i mark those as [Information is correct] or [Information is denied]? what about the few which i have already marked as correct.

suggest please.


16 April 2022 In such a case no need for further marking, no problem in already marked leave it as such.

16 April 2022 sorry confirming again by leaving few transactions with [Information is correct] and other with no feedback will not create problem like scruitny or notice? do not want to have any problems

17 April 2022 No problem no notice will be received if ITR is filed rightly



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