Section 143 (1) Notice: People who file Income Tax Return (ITR) have started receiving notices or intimation letters under Section 143 (1). This notice states whether the return you have filed is correct or not. If there is any discrepancy, it contains information about it. You must respond to it.
New Delhi: The Income Tax Department has started processing Income Tax Returns (ITR). Under this, the Income Tax Department is sending notices to taxpayers under Section 143 (1) of the Income Tax Act. It states whether the ITR filed by you is correct or not. If it is not correct, then the reason for the same is also mentioned. Generally, this reason is related to giving incorrect information about income. If you have also received this notice, then do not panic. First read it to see if you had filled any wrong information in the ITR. If something like this comes out, then file the revised return by the last date. Generally, the last date for filing revised returns is 31 December. However, the Income Tax Department has changed this last date many times.
The government has all the details
Whenever we file a return, we have to fill in our income correctly. The details of all our income are available with the government in the form of Form 26AS and AIS. After filing ITR, the Income Tax Department investigates it. If any discrepancy is found in the income, then the Income Tax Department informs through this notice. It is also called Letter of Intimation or Intimation Notice. This information is available under Section 143 (1)
- If a taxpayer is due a refund on his return but the Income Tax Department has made some changes to it.
- When a taxpayer has to pay additional tax or interest.
- If there is no request for refund and the taxpayer’s return has already been processed.
- If you have claimed wrong deductions to save tax, then this notice will tell you about it.
How to fill revised return
If the notice shows that there is some mistake in the ITR you filed, then you will have to correct that mistake. For this, you will have to fill revised return. You can file revised return as many times as you want. There is no additional charge or fee for this.
What to do if you do not get intimation notice?
Every person who files ITR gets an intimation letter. If you do not get intimation letter within one month of filing ITR, then inform the Income Tax Department about it through email. You can also lodge a complaint on the official website of Income Tax Department.
