Press Release, dated 13-05-2024
The Central Board of Direct Taxes (CBDT) has rolled out a new functionality in the Annual Information Statement (AIS) to display the status of the information confirmation process. The new functionality will help taxpayers check whether their feedback is acted upon by the Source/Reporting Entities.
The following attributes shall be visible to the taxpayer for the status of Feedback confirmation from Source:
- Whether feedback is shared for confirmation;
- Feedback Shared On;
- Source Responded On;
- Source Response.
This new functionality is expected to increase transparency by displaying such information in AIS to the taxpayer. This is another initiative of the Income Tax Department towards ease of compliance and enhanced taxpayer services.
Click Here To Read The Full Notification
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