- Advertisement -
Home Personal Finance Income Tax Notices: Income Tax Department sends 7 types of Income Tax...

Income Tax Notices: Income Tax Department sends 7 types of Income Tax Notices to employed people, know what is the reason

0
Income Tax Notices: Income Tax Department sends 7 types of Income Tax Notices to employed people, know what is the reason

Income Tax Notices: After filing Income Tax Return, many times people get some kind of notice from the Income Tax Department. The Income Tax Department can send not one or two but 7 different types of notices. All these notices are sent under different sections of the Income Tax Act. Different time is given to respond to each notice. Let us know about these 7 income tax notices sent by the Income Tax Department to employed people.

1. Section 143(1)(a) tax notice

This tax notice is sent when the ITR is successfully processed by the Income Tax Department. It states whether the tax calculations made in the ITR have been accepted by the Income Tax Department or not. If there is a mismatch, it is reported and you are asked to correct it. The Income Tax Department gives 30 days to correct the mismatch.

2. Section 139 (9) defective ITR notice

This notice is sent by the Income Tax Department when someone’s ITR becomes defective. ITR becomes defective when it is submitted with incomplete information or the wrong ITR form is chosen. You have 15 days to respond to this notice.

3. Section 142(1) tax notice

This notice is sent to any person when the Income Tax Department feels that the person’s income is taxable, but he has not filed ITR. In the notice, you will be asked why you have not filed ITR despite having income more than the tax exemption limit. You have about 15 days to respond to this notice.

4. Section 143 (2)

This notice is sent to anyone when his ITR has to be scrutinized. Under this, the Income Tax Department wants to check how correct are the deductions or claims made by that person. To check these, the Income Tax Department can also ask you for proof of some things. You also have about 15 days to respond to this notice.

5. Section 148

Whenever the assessment officer feels that some income has been left out of assessment, you can get this notice from the Income Tax Department. In such a case, the assessment officer presents some evidence to you, which shows that some of your income has been left out of assessment. In the notice, you can be asked why your case should not be re-assessed. You have about 30 days to answer this.

6. Section 245

This notice is sent to a person when his ITR refund is adjusted with his previous outstanding tax. The Income Tax Department gives you a notice informing you that your refund has been adjusted with the outstanding dues. You have about 30 days to respond to this.

7. Section 154

If your ITR is processed and accepted by the Income Tax Department and then any mistake is found, then a notice may come under section 154. Usually this notice is sent within 4 years of filing the ITR and you are asked to correct that mistake.

- Advertisement -DISCLAIMER
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at informalnewz@gmail.com

Exit mobile version