Response to Income Tax Notice / Query

Overview

Income tax notices are official communications from the tax authorities to individuals or businesses regarding their tax liabilities. The purpose of these notices is to inform taxpayers of any discrepancies or issues with their tax returns, to request additional information, or to notify them of any changes to their tax obligations.
There are several types of notices that can be issued by the tax authority under the income tax law. Some common ones are, Notice for Demand,Notice for Non-filing of Return,Notice of Scrutiny,Notice for Furnishing Information, etc.
Response to a Notice/Query in lawful manner is not an easy task. It is highly recommended to seek our expert team guidance at SureTax Fincare.SureTax Fincare will assist with responding to income tax notices by providing professional advice and representation on behalf of the taxpayer.

Documents Requirements

Required in Soft Copy Only

Documents of Applicant

PAN & Aadhar Card
Email id and Mobile Number
Proof of Income & Expenses
Salary Slips,Form-16 ,Bank Statement, Financial Records etc
Proof of Tax Payments
TDS Certificate, Challan Payments etc
Previous Income Tax Returns
Other Supporting Documents
Written Explanation by Taxpayer (may needed)

Note:-It's important to note that the specific documents required may vary based on the individual circumstances of the taxpayer and the nature of the notice. SureTax Fincare will assist in determining the necessary documentation and provide guidance on the process for responding to an income tax notice.

Advantages

Compliance

Responding to a Notice/Query helps in ensuring compliance with the provisions of the Income Tax Act and reduces the risk of penalties and fines for non-compliance.

Clarity on Tax Liability

Responding to a notice helps in clarifying any confusionor misunderstandings regarding your tax liability.

Protecting Your Rights

Responding to a tax notice protects your rights and allows you to dispute any errors or incorrect demands made by the tax authority.

Maintaining a Good Track Record

Responding to a tax notice shows compliance with tax laws and helps maintain a good record with the tax department.

Avoiding Penalties and Interest

Responding to a tax notice promptly and accurately can help you avoid additional penalties and interest that may be imposed for non-compliance or delayed response.

Opportunity to Rectify Mistakes

If there are any errors in your tax returns, responding to a notice gives you the chance to rectify them and avoid penalties.

Resolving Disputes

If there is a dispute regarding your tax liability, responding toa notice can help resolve it through proper channels.

Obtaining Refunds

Responding to a tax notice for refund can help you receive your entitled refund as soon as possible.

Frequently Asked Question

We should read the notice carefully and understand the reason for it. If we agree with the notice, we may pay the tax and any interest or penalties. If we disagree, we can respond with a written explanation and supporting documents. SureTax Fincare professional team will assist and provide necessary guidance in responding to a income tax notice.

Failure to respond to a tax notice can result in penalties, interest, bank levy, or seizure of property and legal consequences, etc. It may also lead to a court hearing and the possibility of a criminal investigation.

After responding to the notice, the tax department will review your response and take appropriate action, such as closing the matter, issuing a demand notice, or requesting further information.

Yes, it is important to keep records of all correspondence with the tax department, including your response to the notice, to maintain an accurate record of the resolution of the matter.

If you disagree with the notice, you have the right to a hearing or an appeals process. You can request a hearing by submitting a written request within the time specified in the notice.

Yes, you can choose to be represented by a tax professional or an attorney during the appeals process. SureTax Fincare professional team will help you and provide necessary assistance in representation on your behalf before tax authorities.

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Response to Income Tax Notice / Query