I-T dept may reach out to you if you did a high-value transaction in FY19 and haven’t filed tax return

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The tax department said in a notification issued on Saturday that it will start an 11-day e-campaign starting from 20 July to reach out to those taxpayers who have done a high-value transaction in the financial year (FY) 2018-19 but have not filed the income tax return. Also, those who have filed the tax return but the high-value transaction conducted by them is not in line with the tax return filed, they will be given an option to rectify their tax returns. The 11-day campaign will end on 31 July, 2020, the last date for filing the income tax return for FY 2018-19.