Income Tax Notice

Income Tax Notice price starting at INR 3999/- only.

Rs. 3999 /- only
About Income Tax Notice Types Respond Notice Important Points

Why Do You Get an Income Tax Notice ?

The issue of an income tax notification may occur for a number of reasons. A notice of income tax may be received to simply request the provision of information, to begin an assessment, or to initiate any other income tax actions. the failure to file an income tax return. Inconsistency between Form 26AS and stated income. Failure to Disclose Income not disclosing specifics of one's possessions and investments. suspicious cash transactions for submitting the incorrect return If you've engaged in significant trades this year If your tax return is chosen for review for prior tax evasion, among other things.

Types

Types of Income Tax Notice

Non-filing of Income Tax Return

Due to potential significant value transactions or any entry present in Form 26AS, you might be asked to file an income tax return in response to this notice.

Confirmation Balance u/s 133(6) of the Income Tax Act, 1961

Sometimes the Income Tax Authority will send you a notification asking you to cross-check the balance owed by the third party with them.

Intimation u/s 143(1) of the Income Tax Act, 1961

This is an automated-generated notification order for processing an income tax return. This notification provides you with a comparison of the income and other information you stated on your income tax return with the information that the income tax authority has accepted or rejected. This could result in an increase in income tax demands that must be paid or corrected with the aid of experts.

Defective Return Notice u/s 139(9) of the Act, 1961

When the income tax authority discovered a specific in the submitted income tax return that wasn't in line with the income tax laws, this notice was received. In these situations, you must correct errors and update the income tax return. 

Notice under Section 143(3)

When the filed income tax return is chosen for examination, this message is received. The income tax officer will now consult all available data to investigate all potential sources of income. Income tax officials must add any income discovered that is not reported on the ITR and inflict severe fines. 

Notice under Section 148

This warning was obtained when the income tax official discovered evidence that the taxpayer had withheld income and failed to pay taxes on it. 

Respond Notice

How To Respond When You Receive An Income Tax Notice ?  

  • An contact with the income tax division is typically stressful.
  • Is the notification of income tax actually in your name?
  • Is the document identification number [DIN] accurate?
  • Has your Pan Number been appropriately stated?
  • What assessment year is this notice for?
  • If all of the information in the notice is accurate, you must respond to it promptly. Our experts can assist you in understanding the nature of the notification and in drafting and submitting your response to the income tax authorities.
Important Points

Important Points OF Income Tax Notice

What If Not Replied To The Income Tax Notice?

If you don't respond to the income tax letters within the allotted time, there may be a number of consequences. A tax notice that is not complied with not only carries a 10,000 rupee penalty, but the tax officer may also decide to levy the best judgement penalty against you. To put it another way, if you decide to remain silent, income tax officials may add income based on the information they have, whether accurate or not, and charge a tax along with severe penalties. Moreover, some violations of the Income Tax Act carry criminal penalties. Therefore, we advise you to respond to the income tax notice as soon as possible. 

How Can We Help You Get Rid Off Income Tax Notice?

Our experts can represent you before the tax authorities in addition to offering advice on what actions to take in response to a notification of income tax. Our experts will investigate the situation, seek out any necessary documentation or information, create a formal response to the income tax notice, and file that answer with the appropriate tax authorities.

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