Receiving an
income tax notice can be stressful, but it
doesn’t always mean trouble. Most notices are about
clarifications, missing documents, or minor errors. Here’s a breakdown of the types and how to handle them.
1️⃣ Notice for Non-Filing of Return
· Sent when the IT Department notices you
haven’t filed your tax return for a financial year.·
Response: File your return immediately to avoid penalties.
2️⃣ Notice for Discrepancy in Income
· Triggered when your
reported income doesn’t match Form 26AS or TDS details.·
Response: Check the mismatch and
submit corrected return or clarification.
3️⃣ Notice Under Section 143(1)
· Routine notice to
intimate tax computation or refunds.·
Response: review the notice, pay pending tax if any, or claim your refund.
4️⃣ Notice Under Section 142(1)
· Sent for
additional information or documents related to your tax return.·
Response: Submit the required documents within the
deadline mentioned.
5️⃣ Notice Under Section 148 (Income Escaping Assessment)
· Issued if the IT Department believes
some income has escaped assessment.·
Response: Respond carefully with
proof or documentation of your income.
6️⃣ Notice for TDS Mismatch
· Raised when
Tax Deducted at Source (TDS) doesn’t match your return.·
Response: Check Form 26AS and
file revised return if needed.
7️⃣ Notice for Penalty or Demand
· Sent when
tax or interest is pending.·
Response: Verify the notice, pay dues or
dispute if incorrect using proper channels.
8️⃣ Notice Under Section 234E / 234F
· Relates to
late filing fees or interest.·
Response: Pay the charges promptly to avoid
further penalties.
✅ Takeaway
Most
income tax notices are routine, and responding
accurately and on time resolves issues quickly. Always
keep records, verify information, and respond promptly to avoid complications.
Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.