Have you also received notice from Income Tax Department?

Have you also received notice from Income Tax Department? Most people get a notice from the Income Tax Department. With technology, now it has started coming on people's emails instead of registered letters. Although people are uncomfortable with the notice coming from the Income Tax Department, but do not panic by seeing this notice.

Saturday, August 29, 2020

/ by Avishek Bera
income tax, Income Tax Department, Income Tax return, taxpayers, Income Tax notice, Income tax notice, Business,

The News Cover: Most people get a notice from the Income Tax Department. With technology, now it has started coming on people's emails instead of registered letters. Although people are uncomfortable with the notice coming from the Income Tax Department, but do not panic by seeing this notice.

A taxpayer will no longer have to go round the tax office to answer the income tax notice. The government has started the National E-Assessment System, giving relief to the taxpayer. The taxpayer can now reply to the income notice right from home.

After the introduction of the e-assessment system, no taxpayer will have to present himself personally in the income tax office. 

 If you have not filed your return by the deadline, in such a situation, you can get an automatic notification from the Income Tax Department. You get this notice before the end of the assessment year for which the return is due.

What should taxpayers do?

Taxpayers need to verify the information provided and verify it with the Income Tax Department. You will also have to file an answer on the income tax website. The response needs to be filed within the stipulated period which is generally 30 days from the issue of such notice to avoid automatic adjustment by the Income Tax Department. 

Documentation ID number required on every communication

CBDT has said that it will have to be carefully checked before giving any information in the e-assessment system. Document Identification Number (DIN) will be present in all communications and notices for e-assessment. By looking at the documents based on these numbers, it will be known who has issued them. This will record of every communication. Without this, any kind of communication will be considered wrong. The Central Board of Direct Taxes (CBDT) launched DIN on October 1, 2019. 17,500 numbers were generated on the very first day of launching the system. 

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