1Your business requirement
Placeholder: add the first situation in which this service applies.
Income Tax Notices
Have you received notices from income tax department, dont worry we are here to relieve you from income tax notices.
What this Service Includes
- Basic review of Income tax notice
Documents required
- Income tax notice received
- Income tax login credentials
When you may need Income Tax Notices
2Your records or filing
Placeholder: add a relevant document, filing or compliance trigger.
3Your next step
Placeholder: explain when a client should contact Right Auditor for this service.
Steps in dealing with Income tax notice
Review of login
Income tax login will be reviewed for understanding why income tax notice is sent, and respective income tax return will also be subjected to review.
Client discussion
Based on the review, discussion with the client will be held to understand further so that the notice can be dealt accordingly.
Preparation of Documents
Documents required to be submitted are prepared for easy closure of notice by the tax officer, submission of relevant documents helps to close the case in minimum number of rounds.
Submission of reply
Professionally drafted reply is submitted along with required documents in income tax portal.
Follow up after submission
Once reply is furnished status is tracked periodically, if any response is received from the concerned officer further reply will be provided.
Closure proceedings
When the case is closed and final tax demand is arrived, tax amount will is required to be paid with any other penalty and interest to settle the case finally.
Why should we deal with income tax notice appropriatly
Blocked refund
Refund if any will be kept on hold, if there is any pending proceeding against which tax or any other amount is payable.
Escalation to next step
If notice is not replied with in time, the officer will initiate further action, at initial stages it is the opportunity given to the tax payer to object the allegations.
Defaulting assessee
If demand is paid without any contention, the assessee is conisdered as assessee in default and the system may tag your pan as habitual defaulter.
System generated notices
In certain case notices are issued by income tax portal without any manual intervention, such notices are sent purely based on data comparision which results in sending of notices without any defaults actually, in this case professionally drafted contention reply will make closure process smooth.
Income tax notice FAQ's
Select a question to read the answer.
01Time limit for reply to notice is expired?
When time limit for reply to notice had expired, the notice is reissued for second time in majority of cases, this opportunity will not be available for everyone.
02Do we need to visit income tax department?
After introduction of faceless assessment scheme, there is no requirement to visit the department unless otherwise required by the income tax officer for physical presence at the department.
03How long it will take to close the case?
Every notice and proceedings has time limit for the action, therefore the officer is bound to finish the proceedings within time limit allowed under income tax act, if it is time barred we can contend the assessment.
04Is is mandatory to submit bank statements?
There are different section in income tax act, income tax officer can invoke relevant section requiring the assessee to submit bank statements, accounts etc.
05Does income tax officer visits our registered address?
No, in nomral circumstances income tax officers will not visit directly, only in case of recovery proceedings income tax officer or recovery officer may visit physically.