Income Tax Return: Income tax notice received even after filing an income tax return, then answer like this

Posted on 21st Jul 2022 by rohit kumar

The last date for filing income tax returns for the financial year 2021-22 (tax assessment year 2022-23) is 31 July 2022. If you have not filed your return by the last date, the Income Tax Department can issue a notice to you. This notice is sent to your PAN card and email ID registered with the Income Tax Department. This information is also given on your registered mobile number. Despite filing ITR, many people get a notice from the department. Often people get worried after seeing the notice of the Income Tax Department considering it a big problem. If you have not committed any mistake, then after getting the income tax notice, you should not worry. Let us know what should you do if the Income Tax Department sends you to notice even after filing the Income Tax Return?

 

Why does the notice from Income Tax Department come?

 

If your income is more than the tax exemption limit i.e. taxable and you do not pay income tax, then you are bound to get a notice from the Income Tax Department. Sometimes it also happens that if you have shown less income during your return filing, then the Income Tax Department sends you a notice. Apart from these things, a mistake in calculation done while filing ITR return, not filling up income tax return form correctly or showing an excessive loss in return, basic details to be given in ITR form name, address, PAN, date of birth, etc. Even if there is a mistake in the income tax department can send you a notice.

 

It is important to fill the tax return correctly

 

Tax notices are sent to the taxpayer under a prescribed procedure of an Income Tax Department. Taxpayers can protect themselves from such notices only if they ensure that the tax return is filed correctly and on time. Along with this, it is also important to note that the income tax details filled in ITR and Form AS 26 are identical. Apart from this, deposits and withdrawals in the bank account should also be within a limit. The ITR should contain details of the purchase or sale of mutual funds or shares. If you provide accurate information about your transactions to the Income Tax Department, there is less chance that the department will send you a notice after filing your Income Tax return.

 

What should I do when I get the notice?

 

After getting the notice from Income Tax Department, first of all, it should be read properly. After getting the notice, you should make sure by reading it thoroughly, for what reason the notice has been sent to you and the seriousness of this notice. It should also be kept in mind that what is the time limit set by the Income Tax Department to respond to this notice. You are required to send a reply to the department within the time limit given in the notice. If you do not do this then you may have to face trouble. If the department has sent you a notice for a minor mistake, you should respond clearly.

 

Provide the information sought in the notice to the Income Tax Department

 

If the department has sent you a notice asking for any information related to your income or transactions, then provide this necessary information and documents immediately. If you do not respond to the notice, you may have to pay a fine under the provisions of the Income Tax Act. Therefore, to avoid such notices, you must give accurate information while filing your income tax return and if you have any income tax liability, pay it within the stipulated time frame.

 

Take the help of an expert and respond to the notice promptly

 

If after getting the notice you do not understand the things written in it and you feel that it is too complicated or serious and you are not able to answer it on your own, then you should consult an expert or CA (Chartered Accountant) Need help from The best option for replying to the notice of Income Tax Department is to hire a qualified and reliable Chartered Accountant who will help you in responding to your notice. It is necessary not only to respond to the notice of the Income Tax Department within the time limit, but it is also necessary to give an accurate answer to it. The last date for filing income tax returns is July 31, just a few days away, so you mustn't wait until the last minute and file your income tax return within the deadline. If after filing the return, you get a notice from the Income Tax Department, they also give a timely and accurate reply to it.

 

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