Income Tax Returns The deadline for filing ended on July 31. This time around 7.28 crore people in the country filed their Income Tax Return (ITR). Now many taxpayers must be waiting to get a refund. However, in the meantime, many taxpayers will also be issued notices by the Income Tax Department. The Income Tax Department sends notices to such taxpayers who make incorrect information or false claims in filing returns. The Income Tax Department sends notices to such taxpayers via email. Notices can be for many things, such as delay in filing ITR, non-disclosure of income, tax evasion, selecting the wrong form, etc. Let us know what you should do if you get a notice from the Income Tax Department?
What to do when you receive an income tax notice?
After receiving a notice from the Income Tax Department, the first thing to do is to read it carefully. Do not panic on receiving the notice. The Income Tax Department sends notices to taxpayers under various sections of the Income Tax Act, 1961. Each type of notice is for a different reason. In the Income Tax Department’s notice, additional information is sought from the taxpayers. Mistakes in the tax return are pointed out and a demand for outstanding tax is also made. If you have not made any mistake, then there is no need to worry. You should give the correct answer to the Income Tax Department’s notice. If the Income Tax Department is satisfied with your answer, then it will close the query. If not, then you will have to deposit the tax.
Check this information when you receive a notice
Check all the details like name, PAN number and assessment year in the notice from the Income Tax Department. Make sure the income tax notice is addressed to you and it is related to your tax filing. Authenticate the notice/order/letter issued by the Income Tax Authority on the e-filing portal. Visit the Income Tax e-filing portal and click on ‘Authenticate the notice/order issued by ITD’ under ‘Quick Links’. Only then respond to the notice. Nowadays many cyber frauds are using income tax notices to dupe people.
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