Receiving an income tax notice can be stressful, but it doesn’t always mean trouble. Most notices are about clarifications, missing documents, or minor errors. Here’s a breakdown of the types and how to handle them.
1️⃣ Notice for Non-Filing of Return
· Sent when the IT Department notices you haven’t filed your tax return for a financial year.
· Response: File your return immediately to avoid penalties.
2️⃣ Notice for Discrepancy in Income
· Triggered when your reported income doesn’t match Form 26AS or TDS details.
· Response: Check the mismatch and submit corrected return or clarification.
3️⃣ Notice Under Section 143(1)
· Routine notice to intimate tax computation or refunds.
· Response: review the notice, pay pending tax if any, or claim your refund.
4️⃣ Notice Under Section 142(1)
· Sent for additional information or documents related to your tax return.
· Response: Submit the required documents within the deadline mentioned.
5️⃣ Notice Under Section 148 (Income Escaping Assessment)
· Issued if the IT Department believes some income has escaped assessment.
· Response: Respond carefully with proof or documentation of your income.
6️⃣ Notice for TDS Mismatch
· Raised when Tax Deducted at Source (TDS) doesn’t match your return.
· Response: Check Form 26AS and file revised return if needed.
7️⃣ Notice for Penalty or Demand
· Sent when tax or interest is pending.
· Response: Verify the notice, pay dues or dispute if incorrect using proper channels.
8️⃣ Notice Under Section 234E / 234F
· Relates to late filing fees or interest.
· Response: Pay the charges promptly to avoid further penalties.
✅ Takeaway
Most income tax notices are routine, and responding accurately and on time resolves issues quickly. Always keep records, verify information, and respond promptly to avoid complications.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk..jpg)
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