Hello, Welcome to Applied Finance Simplified. Are you one of the person who has received a SMS or an Email from Income Tax department asking you to verify your High Value Transactions (HVT)?
If so, this video is for you as we explain the objective of these communication from the IT department and also explain how to submit response on the compliance portal under E-Campaign for High Value transactions. HVT can included information regarding, capital gain, interest on deposit, amount spent on credit card, foreign travel, transaction relating to derivative etc.
Chapter
00:00 Introduction
01:41 Objective of SMS or Email under E-Campaign
03:12 Process to submit response on the E-Campaign on Compliance Portal
This video is for academic purpose only. We advise you to consult your Chartered Accountant or a Tax expert before submitting the response with the Income Tax Department.
#Ecampaign, #HighValuetransaction #ecomplianceincometax
