Advisory on Income Tax Notices
Have you got the Notice from Income Tax Department? Do not panic, get advised by professionals today and stay compliant
- Covers notices under Sections 139(9),143(1) ,143(2), 154, 156 among others
- Notice Validation
- Expert advisory on the notice
- Revised Return filing for notice received under 139(9),143(1) ,143(2), 154, 156
Expert help on responding to Income Tax notices
☞ Got notice from IT department.
☞ Errors such as incorrect PAN, TDS issues.
☞ High value transaction in ITR.
Frequently Asked Questions
1. What is tax notice?
A tax notice is issued by the income tax department when the Assessing Officer finds any default in the Original/Revised Income Tax Return. A tax payer can get notice from Income Tax Department for many reasons under various sections.
2. Do every tax notice makes a demand for some additional tax liability or fines or penal charges?
No, every tax notice does not demand for additional tax. Notices are issued under different sections and every section has some different demand.
3. Is responding to tax notice necessary in every case?
Yes, responding to tax notice is necessary in every case otherwise you have to face the consequences as stated afterwards.
4. What are the Consequences for not responding to this communication?
If no action taken by you within 30 days of receipt of the notice u/s 245, the outstanding demand as on that date will be considered for adjustment against your refund.
5. What are the consequences for non-payment of tax demand?
Non-payment of tax demand attracts penalty and prosecution under various provisions of the Income Tax Act, 1961 and interest @ 1% p.m. or part of the month on the amount of default.
6. How can IndiaKickstart help you in responding to tax notice?
Indiakickstart has a team of experienced CAs who will get in touch with you and will ensure a proper response to your tax notice and help in resolving the issue.
Why India Kickstart?
About India Kickstart
Just tell us a little bit about your business and you’ll have the incorporation certificate in 20 working days. It’s that simple. In addition to yours, we’ll be handling around 400 requests this month.
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we’ll try to ensure that your doubts are cleared before they even arise.