What Is Income Tax Notice?
An official government notice issued by the Income-tax department. For the taxpayer as a reminder before the assessment year for the last year’s tax.
If you do not pay the return within the time, then you have to pay the late filing fee.
This Income tax notice comes under sec 148
It issued by order of assessing officers by having a valid reason that the income of the taxpayer has broken out the assessment.
Types of Income Tax notice?
- Section 143(1) – Intimation by Income tax department
- Section 143(1)(a) – Inconsistencies in the income tax return file
- Section 139(9) – Defective file
- Section 154 – Rectification
- Section 245 – Communicate the adjustment of refund and demand of income tax
- Section 142(1) – Details and documents of the taxpayer
- Section 148 – Income escaped assessment
- Section 156 – Demand after the income tax assessment
- Section 143 (2) – Return selected for scrutiny
How Can I Get A Notice From Income Tax?
- By being late in filing Income Tax return
- Tax notice are due to TDS
- Different information from the return file which is given by you to ITR
- Due to high-value trade
- TDS claims don’t resemble with form 26AS
- ITR can come under the tax authorities lens. 143(1) under Income tax act.
Frequently Ask Question
What should I do after receiving the income tax notice from the department under 142 (1)?
Notice issued for the taxpayer under section 142(1). In which the Assistance officer asks the details of the documents.
Can I get the wrong notice from the income tax department?
No, Normally it can’t be done.
What should I do if I get noticed?
Don’t take tension. Barely reply to the notice to the department.
How to download my income tax notice online?
By visiting its official site, and download your document of the current year.
What happens if the taxpayer doesn't replay the notice?
Try to reply to the notice within the given time duration, or else non-compliance of tax notice can be payable to fill the penalty of 10,000 INR.
What is intimation meant to be?
It lays under section 143(1) is allotted for those defaulters who don’t pay their tax or interest on time. There can be an increase or decrease in their loss.
Within how much time should I reply to the notice?
Within the time limit given by the department on the notice.
Can I receive more than one income tax notice for an assessment year?
Yes, as per the condition.
Is there any additional fee for more than one income tax notice for a particular person?
Yes, individual charges.
What kind of documents do I need to reply to the Income-tax notice?
Notice copy, salary receipt, investment proof.