Income Tax Notice?

Income tax Department has sent 18 Lac Notices to Those Who Deposited Cash After Demonetisation

Why income tax notices after demonetization

Income tax department will give you maximum 12 days from the receipt of notice to send your reply via online portal of Income tax department.

What is Income Tax Scrutiny Notice?

Whether you are an individual assesse or corporate assesse whether you have filled your tax return on time or after due date, Income tax department may initiate scrutiny assessment procedure to determine the actual tax liability and investigate the Expenses and revenue. During scrutiny proceeding you are required to submit additional records, invoice, Accounts and any other documents as ITO deemed feet to assess the case If you have received a notice It does not mean that you have done any crime and it simply a normal process to investigate the tax liability of the assesse.

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