New Rule of Income Tax Department: Do not panic when you get income tax notice, understand and answer like this

News India Live, Digital Desk: Do you too Income tax department Has any notice came from? Nowadays, getting income tax notice is not a big deal, especially since the department has completely digitally digitized the way of doing its work. The government is emphasizing the system of tax assessment without face to face, which means that all the contact between the Income Tax Department and the taxpayers is now online.

New way to get notice: check like this!

Now the Income Tax Department does not send notice directly by post to your house. Instead, notices are sent to you in these ways:

1. On email: Notice is sent by the Income Tax Department on your registered email ID.

2. SMS on mobile: There is an SMS on your registered mobile number, stating that there is a notice or update for you.

3. On e-filing portal: The most important thing is that your notice is directly available in your account on the e-filing portal of the Income Tax Department. When you log in to your account, in the ‘dashboard’ or ‘Pending Action’ section you will get an option of ‘e-prosedings’ or ‘notice’ (notices), where you can see and download your notice.

Therefore, it is very important that you keep checking your email, mobile and income tax e-filing portal regularly, so that no important notice is missed by you.

Why can you get a notice?

The Income Tax Department can send notices for several reasons. These can be some common reasons:

• An income tax return (ITR) filed by you and any mismatch in the information available with the department.

  
  

• You have not filed ITR, while your income comes in taxable limits.

• You have done a big financial transaction, which the department is aware of, but you did not show it in ITR.

• You have claimed wrong or more deductions or exemptions.

What to do if you get notice?

First of all, do not panic. Getting income tax notice does not always mean that you have made a big mistake. This can also be just to ask for information or clarify a small mismatch.

• Read notice carefully: Understand what the notice is about and what information or clarification the department is seeking from you.

• Answer on time: The notice contains a fixed deadline within which you have to answer. It is very important to answer this within the stipulated time limit, otherwise fine or other legal proceedings can be taken.

• Seek expert advice: If you do not understand the notice or you are not sure how to respond, it would be the most sensible step to consult an experienced chartered accountant (CA) or tax advisor. They will give you the right guidance and will help you prepare the answer.

Remember, the Income Tax Department is now completely digital. Therefore, it is very important to keep your online information updated and check regularly so that you do not miss any important notices.

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