Income Tax Dept Reveals 8 Key Notices Taxpayers Should Know: Sections 139(9) to 245 Explained

Money
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News18 Lokmat•01/12/2025
Income Tax Dept Reveals 8 Key Notices Taxpayers Should Know: Sections 139(9) to 245 Explained
- •Filing an ITR is mandatory if your income is taxable.
- •Section 139(9) Notice is for errors or omissions in your ITR.
- •Section 133(6) Notice is for unfiled ITRs or incorrect income reporting.
- •Section 142(1) Notice requests further information for your return.
- •Section 143(1) Notice is a summary assessment of your ITR.
Why it matters: Understanding tax notices helps you avoid penalties and manage your finances better.
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