Income Tax Department Uncovers 8 Types of Notices: Know What Each Means to Avoid Penalties
Business
N
News18 Punjabi•01/12/2025
Income Tax Department Uncovers 8 Types of Notices: Know What Each Means to Avoid Penalties
- •There are 8 types of income tax notices.
- •Section 139(9) Notice: For defective returns.
- •Section 133(6) Notice: For unfiled or incorrect ITR.
- •Section 142(1) Notice: For additional information or unfiled ITR.
- •Section 143(1) Notice: Summary assessment of ITR.
- •Section 143(2) Notice: Follow-up for unsatisfactory response.
- •Section 156 Notice: Demand for due tax, interest, or penalty.
- •Section 245 Notice: Adjusting refund against due tax.
Why it matters: Understanding tax notices helps you avoid penalties and manage your finances better.
✦
Related Articles
Loading more articles...
