writing a letter to a tax department for requesting for extension of a period for notice of tax to be remitted immediately
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You are likely to get an income tax notice if there is a discrepancy in the income tax amount calculated and paid by you while filing your income tax return (ITR) and that computed by the income tax department. Once you have verified your ITR after submitting it, the tax department cross checks the income declared and tax paid by you with the information available with them.
While processing your ITR, if the tax department assesses that more tax is due from you than paid and declared in your return, then you would normally get a demand notice.
The intimation will be sent to you regarding the same via email and SMS under section 143(1). You will find the tax demand notice on your online account on the e-filing website.
Dr Suresh Surana, Founder, RSM India says, "According to the current income tax laws, the time limit to respond to this is 30 days. If you do not respond to the notice within the stipulated time period, the department can take action against you. If as per the intimation u/s 143(1) there is a tax demand then this intimation becomes notice of demand and this intimation will be treated as Notice of demand u/s 156. Accordingly, you will have to pay the entire amount within the time mentioned in the notice."