Taxpayer Received Mail from Income Tax Department even after Filing ITR, This may be the Reason; Check Details:

Taxpayer Received Mail from Income Tax Department even after Filing ITR, This may be the Reason; Check Details While filing Income Tax Return (IT Return), it happens many times that there is some kind of mistake in it. Mistakes in tax return can be of many types, such as paying less tax than the amount paid, or non-completion of any required document. In such a situation, the Income Tax Department sends a notice to the tax payer regarding the discrepancy under section 143(1). Now the question is, what exactly is section 143(1) and what is covered by it?. So let's know about this section related to income tax return.

What is section 143(1)?

If the IT department discovers a discrepancy in an income tax return after it has been filed, the department sends a notice, also known as a 'notice' under section 143(1), to the taxpayer. This notice must be sent within one year of the financial year in which the return is filed. [caption id="attachment_190175" align="aligncenter" width="600"] ITR[/caption]

Information is given through mail or message

To the tax payer's registered email address, a notice of an income tax return discrepancy is sent. Along with sending the notice to the email ID, an SMS is also sent simultaneously to the registered mobile number.

There are mainly three types of Notices

Under section 143(1), the taxpayer will typically receive one of three different types of notices. This is the first notice in which the tax office does not issue an income tax demand. In the second scenario, if the taxpayer has paid more tax, a notice of tax refund may be issued. There is a third circumstance as well, in which a notice of tax demand has been sent.

Tax payer will have to do these things after the notice

Any taxpayer should check the necessary information, such as name, PAN, address, e-filing acknowledgment number, etc., after receiving the notice under section 143(1). If the taxpayer discovers that this contains errors, they may be fixed by filing an amended return. For this, logging into the Income Tax e-filing website will allow you to update the return file. However, if there was no error in filing the return, the tax payer may submit a rectification application to the department, in which you can present your side. You could also submit your application through the e-filing portal.