Avoiding Income Tax Notices is easier than dealing with them. Learn more on how to handle the Notices such as Scrutiny, Discrepancy, Mistakes, Non-disclosure.
We generally see substantial raise in #IT #Tax #Notice related inquiries during the 1st two weeks in Sep, Nov and last 2 weeks of Mar months, hence this post to advise Tax Payers in handling the IT Notices.
The most crucial thing to remember when receiving an IT notice is to not disregard it. These days, almost everything is connected to Aadhaar, PAN, bank accounts, digital wallets, and mobile numbers. The income tax division is developing daily intelligence in the direction of a complex, interconnected tax system.
This document covers
Notice under Section 142(1) is usually served to call upon documents and details from the tax payers.
Three types of notices can be sent under section 143(1)
For a comprehensive information on how to handle defective return, refer Defective Notice u/s 139(9): How to Prepare, Upload Return
Most corrective actions against a defective notice require to revisit the IT return completely. Hence, the tax preparer needs all the documents that are used in the original IT Return preparation to prepare a corrective IT Return. To make sure that the response to the defective notice is accepted, one must pay attention to the revision / correction carefully.
Refer Income Tax Notice Handling Service Plan & Pricing to know the Service, Process, and Pricing
Refer below relevant content to address your needs.
Follow the below steps to submit a response to the defective notice issued u/s 139(9)
Refer a complete guide on Defective Notice u/s 139(9): How to Prepare, Upload Return?