Shrutee Sarkar Aug 29, 2023
5 Reasons Why You May Receive a Notice from the IT Department
An overview of the reasons why you might receive a notice from the IT department.
Understanding Income Tax Notices
You may get an IT notice if there's discrepancy in your reported and actual income.
Unreported Income
Undisclosed high-value transactions can trigger an alert leading to an IT notice.
High Value Transactions
A mismatch between TDS amounts reported by you and your employer could result in a tax notice.
Mismatch in TDS Amounts
Failing to file tax returns or late filing can also attract a notice from the IT Department.
Late or Non-Filing of Tax Returns