ITR Filing Deadline: Did you get income tax notice despite filing your return correctly? Do these 4 things immediately to avoid I-T Department penalty
ITR Filing: If you do not file ITR, then you will definitely get a notice from the Income Tax Department (I-T Department), but sometimes you may get a notice despite filing the income tax return (ITR Filing). The question is what should be done in such a situation?
Income Tax Season: The last date for filing income tax return (ITR Filing) is July 31, 2024. The finance ministry hasn't extended the date for it. If you fall in the income tax bracket and do not file ITR, you can get a notice from the Income Tax Department (I-T Department), but sometimes you may get a notice despite filing your income tax return. The question is what should you do in such a situation? Learn these 4 things that you can do when you receive a notice from the I-T Department.
Photos: Unsplash/Pixabay
Understand reason why you have received notice
Understand reason why you have received notice
Find what went wrong in ITR
Find what went wrong in ITR
Read notice carefully
Read notice carefully
Also, check by when you have to respond to that notice. Because, if you delay responding, you may get into trouble. Sometimes, the notice is sent for some minor reason, for which you can give a simple explanation.
Many times it happens that the I-T Department wants to do some kind of investigation for which it sends a notice. All you have to do is to provide the information and documents that it has asked for. The I-T Department will do its own investigation and if you have not done anything wrong, you will not face any problem.