ITR: If you get notice from Income Tax Department; here's what you should do

Income tax notices can be sent if your return has been selected for scrutiny or if there is a need for additional information against the ITR you have filed. Even if you have filed your ITR on time, you may receive a notice from the Income Tax Department due to any discrepancies in return.

It’s advisable to seek professional help to understand the income tax notice in detail.

Filing your income tax return (ITR) is not the only step you need to take as a responsible taxpayer. You should also ensure that there is no mismatch in the information in your Annual Income Statement (AIS) and the financial details you disclose in your ITR filing. Even if you have filed your ITR on time, you could receive a notice from the Income Tax Department due to any discrepancies in your ITR form or documents.

In case an individual receives a notice from the Income Tax Department, they need to undertake certain steps so that they can fulfil all their obligations without any penalty.

What to do if you receive an Income Tax notice?

Verify the notice: Confirm the authenticity of the notice by checking if it has a unique Document Identification Number (DIN).

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Seek guidance from a professional: Opt for professional help to understand the notice in detail. This will also assist you in charting out what steps you need to take in your response to the document.

Respond promptly: Make sure you respond to the notice within the stipulated deadline. Your reply should state your position clearly and also provide proof of your finances.

Do not forget to maintain copies of the notice, your response and other relevant documents.

What to do if you need to file revised return?

If a notice is issued in your name due to errors in your ITR, you can file a revised return. You can use the 'Rectification Request' available on the Income Tax portal to correct any errors. In case you have missed claiming a deduction, you can file a revised return u/s 139(5), anytime three months before the end of the relevant assessment year or before the assessment is over, whichever is earlier.

In case you have received a notice regarding revised returns, you need to file the ITR within 15 days.

Common reasons for income tax notices

Income tax notices can be sent if your return has been selected for scrutiny or if there is a need for additional information against the ITR you have filed. The Income Tax Department can issue a notice u/s 148 for underassessment of income as well. Responding promptly to the notice will allow you to comply with the demands of the government body and ensure your ITR is valid.

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