After processing the income tax returns filed by taxpayers, the income tax department sends an intimation notice to them under Section 143(1) of the Income Tax Act, 1961. The tax department sends this intimation notice to the taxpayer’s registered email ID. An SMS is also sent to the taxpayer’s registered mobile number informing him/her about the intimation notice sent to the registered email ID.
The income tax intimation notice informs the taxpayer whether the income tax calculation given by him in the ITR matches with that of the tax department, basis the information it has. While processing the ITR, the tax department checks arithmetical errors, inconsistencies, tax, and interest calculations. The department also verifies the tax payment made. And once the processing of all information provided by the taxpayer is complete, the tax department sends an intimation notice under Section 143(1).
Once we have received an intimation, the first thing we should check in the intimation notice is whether our personal details such as name, address, PAN, and so on are correct or not.
- In the next step, he said that we need to check which notice you have received i.e. whether it is Intimation u/s 143(1) for processing of ITR, whether it is a defective notice u/s 139(9), whether it is a notice of scrutiny assessment u/s 143(2) etc.
- The next step is to read and match the ITR that you have filed and check the reason of the notice.
- On the basis of nature of notice, you need to check the compliance that needs to be submitted like filing revised ITR, submitting rectification request, paying demand etc.
Effective from April 1st, 2021, the Income Tax Department has to send the intimation notice to the taxpayer within 9 months from the end of the financial year in which ITR has been filed. So, for example, if a person files ITR for FY 2020-21 today, then he should get the intimation notice by December 31, 2022.
The last date for filing ITR for FY 2020-21 is December 31st, 2021.
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