Income tax & ITR filing Chandigarh Answered

Got an SMS from the Income-tax Department about high-value transactions: ₹12 lakh credit-card spend and mutual-fund purchases. Is this a notice?

Asked by A business owner in Chandigarh 24 Sep 2026 1 answer 2 min read

The question

I received an SMS and email saying the department has information about high-value transactions for FY 2025-26 (credit card payments of ₹12 lakh and mutual fund investments) and asking me to view and respond on the compliance portal. I filed my return in July. Is this a notice and what should I do?
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1 answer

ERPCA
ERPCA Expert Desk Verified answer

Practising chartered accountants at ERPCA · 24 Sep 2026

In short

It is an e-Campaign message under the department's non-intrusive verification programme, not a notice under the Act, and responding takes ten minutes.

What triggered it: banks and card issuers report credit-card payments of ₹10 lakh or more a year (₹1 lakh if paid in cash), and fund houses report purchases of ₹10 lakh or more, in their statement of financial transactions. The department's system matched those against your return and flagged the file for a self-check.

What to do: log in to the compliance portal through the e-filing site, open e-Campaign, and for each entry choose a response: information is correct, partly correct, relates to another PAN or year, or duplicate. Then open the AIS and give feedback on the same lines there. If your reported income supports the spending and investments (salary, savings, a loan, gifts from relatives), confirm the entries and you are done; no further action follows in most cases.

If the spending genuinely exceeds what your return explains, the safe course is to file an updated return under section 139(8A) (ITR-U) with the missing income and the additional tax, which closes the matter before it becomes a scrutiny.

Keep the bank and card statements for the year; the only follow-up to a confirmed e-Campaign is occasionally a request for them.

Next step

Respond on the portal within the date shown in the message, even though it is not mandatory; an unanswered campaign is the most common reason a file is picked for limited scrutiny.

General guidance on the facts given, not an engagement. Law as on the date of the answer.

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