- Advertisement -
Home Personal Finance Income Tax Notices: Income Tax Department sends 7 types of Income Tax...

Income Tax Notices: Income Tax Department sends 7 types of Income Tax Notices to employed people; learn how to avoid them.

0
Income Tax Notices Income Tax Department sends 7 types of Income Tax Notices to employed people; learn how to avoid them.

Income Tax Notices: After filing an Income Tax Return, people often receive notices from the Income Tax Department. The Income Tax Department can send seven types of notices for various reasons. These notices are issued under different sections, and each notice has a specific deadline for responding. If you are employed or filing your ITR for the first time, it is very important for you to understand these notices. Below, we explain all seven types of Income Tax notices in simple language, so that you can take timely action if you receive any notice.

1- Section 143(1)(a) – Notice after ITR processing

This notice is issued after your ITR has been successfully processed. It informs you whether your tax calculations are correct and checks for any mismatches. If any errors are found, you are asked to correct them. You have 30 days to respond to this notice.

2- Section 139(9) – Defective ITR Notice

This notice is issued if your ITR is filed with incomplete information or the wrong form is selected. You have 15 days to respond to this notice.

3- Section 142(1) – Notice for Not Filing ITR

If you have taxable income but haven’t filed your ITR, you may receive this notice. It asks why you haven’t filed your return despite having taxable income. You have 15 days to respond.

4- Section 143(2) – Notice for Scrutiny of ITR

This notice is sent if the Income Tax Department wishes to scrutinize your ITR. It may ask for your claims, deductions, and documents. The time to respond to this notice is approximately 15 days.

5- Section 148 – Notice on Missing Income

This notice is sent if the Income Tax Officer finds that certain income has been omitted from the assessment. You are required to explain why your file should not be reassessed. You are given 30 days to respond.

6- Section 245 – Refunds and Adjustments of Unpaid Taxes

This notice is sent if your tax refund has been adjusted against your previous tax dues. You also have 30 days to respond to this notice.

7- Section 154 – Notice for Errors in ITR

If an error is discovered after the ITR is processed, a notice is sent under Section 154. This notice can be issued within four years of filing the ITR.

Read More: Income Tax Slab: Taxpayers will have to pay a special tax on such income and the interest will be waived.

Add informalnewz.com as a Preferred Source


DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com

Exit mobile version