In a significant move towards enhancing taxpayer services and ensuring accurate reporting, taxpayers are now empowered to provide feedback on every transaction displayed in the Annual Information Statement (AIS).
Key highlights of this initiative include:
👉 Furnishing Feedback: Taxpayers can now furnish feedback on each transaction listed in the AIS, ensuring that their information is accurately reflected.
👉 Correction of Errors: In case of any discrepancies or wrong reporting, the feedback provided by taxpayers is promptly taken up with the source for confirmation, ensuring data accuracy.
👉 Status Tracking: Taxpayers have the ability to monitor the status of the information confirmation process. They can check whether their feedback has been partially or fully accepted or rejected.
This initiative is aimed at promoting ease of compliance and offering enhanced taxpayer services. By actively participating in the feedback process, taxpayers contribute to the accuracy of their financial information, fostering trust and transparency in the tax system.
As taxpayers engage with this initiative, they play a vital role in ensuring the integrity of their tax data and streamlining the compliance process. With the introduction of this feedback mechanism, taxpayers can expect greater transparency and efficiency in tax administration, ultimately leading to a smoother and more user-friendly experience for all.
