IT Department Reminds Taxpayers to Reply to Notices by 31 March

IT Department Reminds Taxpayers to Reply to Notices by 31 March

IT Department Reminds Taxpayers to Reply to Notices by 31 March The income tax department has asked taxpayers whose cases are being reviewed to respo…

authorSushmita GoswamidateMar 10, 2022
Last update on Mar 10, 2022

IT Department Reminds Taxpayers to Reply to Notices by 31 March

The income tax department has asked taxpayers whose cases are being reviewed to respond by March 31, failing which the department will decide the dispute based on material on file. "Gentle reminder to taxpayers whose cases are under scrutiny, to be completed by 31.03.2022! Pl ensure timely compliance with notices issued by ITD calling for information/details. Failure to comply with the notice may result in Best Judgment assessment based on material on record." The Income Tax Department tweeted. Section 144 of the I-T Act allows tax authorities to assess the total income or loss to the best of their ability and determine the assessee's tax liability. For any problem and complaint send your mail in these E-mail Id:

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Sushmita Goswami

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Sushmita Goswami is a content writer with 2+ years of experience in Finance, Recruitment, Education and career Related Content. She is a Graduate from Delhi University in Journalism and Mass Communication
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