How to Handle Tax Scrutiny After Filing ITR
Once you’ve filed your ITR filing, you might be selected for scrutiny by the Income Tax Department. Scrutiny doesn’t necessarily imply that you’ve made an error. It’s simply a procedure to ensure that the tax returns are accurate. If you are selected for scrutiny, the department will send you a notice, and you must respond with the required documents.
Here’s how to handle it:
Document Collection: Ensure that all documents, such as your income details, bank statements, and investment proofs, are in order.
Understand the Notice: Read the notice carefully. You may be required to provide additional details or attend a personal hearing.
Respond Promptly: Failure to respond can lead to penalties. Ensure you submit the required details by the given deadline.
Consult a Professional: If you're unsure about the notice or the documents requested, consider seeking help from a tax professional.
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