Got IT Intimation Notice After ITR Filing? Here’s What You Need To Check In It First

The deadline for ITR submissions for FY 2021–2022 was July 31, 2022. According to income tax regulations, the income tax department’s last deadline for sending notices will be December 31, 2023, after the conclusion of the fiscal year for which the ITR was submitted. As of April 1, 2021, the IRS must give the taxpayer an intimation notice within nine months after the end of the fiscal year in which the ITR was filed.

The tax department confirms that the tax payment was made, checks for any arithmetical mistakes, and internal discrepancies, and calculates the tax and interest. The I-T department delivers the section 143 notification after processing the ITR (1). However, bear in mind that the tax agency does a prima facie review while processing ITRs. They may still issue you an income tax notice in the future under a different provision requesting further details.

A password is required to open the notification notice file. Your PAN in lower case and your birthdate serve as the password to access the message that you have received. For example, the password to view the document will be aaaa000a01031990 if your PAN number is AAAAA0000A and your date of birth is March 1st, 1990.

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How Do I Interpret A Tax Notification?

When you first open the notice, you should verify that your personal information, including your name, address, PAN, and other details, is accurate. The next step is to read and compare the income tax calculation you provided in your ITR with the department’s computation once these details have been verified.

In a tabular format, the intimation notice compares the income you declared on your ITR under each head (in one column) with the income that was calculated under that head by the income tax department (in another column). To make comparisons simple, both columns are shown side by side. The intimation notification includes information about your income as well as information about tax deductions you’ve claimed in your ITR.

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