Income Tax Notice: Received notice from Income Tax Office? Instead of panic, check these things

Income Tax Notice: If you are a taxpayer, then you must also file the return. When the Income Tax Department processes the returns filed by the taxpayers, notices are sent to the taxpayers under section 143(1) of the Income Tax Act 1961. This is called intimation notice in legal language. The tax department sends this notice to the registered e-mail id of the taxpayer. Apart from this, an SMS is also sent to the registered mobile number of the taxpayer informing that an intimation notice has been sent to the registered mail ID.

Through this notice, the taxpayers are informed whether the income tax calculated by them in the ITR is matching the calculations of the Income Tax Department or not. While processing ITR, the tax department checks for any errors other than any mistake in calculation of tax and interest. Apart from this, the department also verifies the tax payment mode. When the verification of all the information sent by the taxpayer is completed, an intimation notice under section 143(1) is sent to the taxpayer.

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See these things in the notice

Tax experts say that this notice should be read carefully. According to Abhishek Soni, CEO and co-founder of Tax2wind.in, when taxpayers get such a notice, then these things should be seen in it-

• First of all, it should be seen whether personal information like name, address, PAN has been filled correctly or not.
• After this it should be seen what type of notice is. This notice is an intimation notice under section 143(1) for processing of ITR or a defective notice under section 139(9) or notice of scrutiny assessment under section 143(2).
• According to Soni, the next step of the taxpayers should be to match the ITR which has been filed. Apart from this, then the reasons for the notice should be investigated.
• Depending on the nature of the notice, it is to be seen what steps taxpayers have to take such as filing revised ITR or submitting rectification request or making payment of certain amount.

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Notice has to be sent to Income Tax Department within 9 months

According to the Income Tax Act, an intimation notice has to be sent to the Income Tax Department within nine months from the financial year in which the taxpayer files the ITR. This rule is effective from 1 April 2021. This rule can be understood in such a way that if a person files ITR for assessment year 2020-21 today, then he will get intimation notice by 31 December 2022. It is important to note here that the notice sent under section 143(1) is not final. Income Tax Department may send notices to taxpayers for further information in future. The deadline to file ITR for the financial year 2021 is 31 December 2021.
(Article: Rajeev Kumar)