What To Do When you get an Income Tax Notice?

The Basics: Is it really your name on the notice? Do you have your PAN number listed correctly? For which assessment year is it intended? What is the name of the issuing officer? Can you tell me what their designation is? Does the document have an identification number? What is it? explains Archit Gupta, founder and CEO of Cleartax, a tax portal.

Read the communication you received from beginning to end to understand the issue. Afterwards, try to understand what the IT department is saying despite the legalese.

Figure out the discrepancy: There are two columns in the new intimation format. You will have a discrepancy if a particular row shows different amounts in these two columns.

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