FinanceMint

7 income tax notices after ITR filing explained

in5points
  1. Section 143(1) intimation compares taxpayer's return with department records for refunds or taxes due.

  2. Section 139(9) notice for defective return requires correction within 15 days due to errors like wrong ITR form or missing schedules.

  3. Section 142(1) inquiry notice seeks additional documents or clarification before assessment, often for unfiled returns.

  4. Taxpayers should verify income, match TDS with Form 26AS and AIS, and pay self-assessment tax before filing to avoid notices.

  5. Common notice triggers include mismatches in income, incorrect ITR forms, pending tax demands, or scrutiny by the Income Tax Department.

likely clickbaitheadline adjusted
15h ago · original ↗

Mint

Center

Mixed factuality

Who owns this?

Shobhana Bhartia

HT Media

Shobhana Bhartia (KK Birla family)

Business daily owned by HT Media; majority-controlled by the KK Birla family, chaired by Shobhana Bhartia.

Wikipedia: Shobhana Bhartia