Income Tax Notice: Today, we’re going to tell you about eight types of notices that the Income Tax Department sends to individuals for various reasons. Let’s explore these.
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Income Tax Notice: In India, people who file their Income Tax Returns (ITRs) often receive notices from the Income Tax Department. These notices can be sent for a variety of reasons. Each notice has a different meaning. Therefore, there’s no need to panic. Many notices are also sent by the Income Tax Department simply to seek additional information or clarification. Therefore, the purpose of each notice is different.
Income Tax Section 142(1) Notice
An Income Tax Section 142(1) notice is sent when the tax officer requires additional information or documents to support the claims made in your return. This situation arises when the department requires additional information regarding your filed return. Additionally, this notice is also sent for failing to file an ITR.
Income Tax Section 133(6) Notice
An Income Tax Section 133(6) notice is sent by the department when your income exceeds the basic exemption limit and you still haven’t filed your ITR. It is also sent when your income is not correctly reported in your ITR or your expenses appear to be significantly higher than your income.
Income Tax Section 143(1) Notice
In the Income Tax Section 143(1) notice, the department informs you whether its income calculations match the calculations in your filed return. This notice is often sent simply for information.
Income Tax Section 143(2) Notice
An Income Tax Section 143(2) Notice is issued after a Section 143(1) Notice. This notice is sent when you fail to respond to a Section 143(1) Notice or if your response is satisfactory. This notice often requests details.
Income Tax Section 148 Notice
An Income Tax Section 148 Notice is sent when the department believes you have concealed a portion of your income or provided incorrect information regarding your income.
Income Tax Section 245 Notice
An Income Tax Section 245 Notice is issued by the department solely for information. For example, if you receive a refund in one year and have tax due in another year, the department may adjust your refund against that pending tax. The department issues this notice to inform you of this.
Income Tax Section 156 Notice
After the completion of the assessment year, if tax, interest, or penalty amounts are due, you are sent a demand notice. This notice falls under the Income Tax Section 156 Notice.
Income Tax Section 139(9) Notice
If any error or deficiency is found in the ITR filed by you, it is called a defective return. This notice is sent by the department, giving you an opportunity to correct it.
