Income Tax payers alert! Respond to scrutiny notices by March 31 or else face consequences

If you are a taxpayer and you have come under the scanner of income tax then this news is for you. The income tax department has asked the taxpayers who cases are under the scrutiny to respond by March 31, failing which the department will decide the dispute.

The Income Tax Department tweeted on Wednesday, “Gentle reminder for the taxpayers whose cases are under scrutiny. Reply to the notice by March 31, 2022. Please ensure timely compliance of notices issued by the department seeking information. In case the notice is not responded to, the dispute will be settled on the basis of the material available.”

Gentle reminder to taxpayers whose cases are under scrutiny,to be completed by 31.03.2022!
Pl ensure timely compliance with notices issued by ITD calling for information/details. Failure to comply with the notice may result in Best Judgment assessment based on material on record.

— Income Tax India (@IncomeTaxIndia) March 9, 2022

Under Section 144 of the Income Tax Act, the Income Tax Officer can assess the total income or loss and on the basis of this, give his decision, to determine the tax liability of the taxpayer.

The Income Tax Department has provided two e-mail IDs for any problem or complaint faced by any taxpayer. You can write your views on these e-mail ids:

ITR.helpdesk@incometax.gov.in

TAR.helpdesk@incometax.gov.in.