Have Queries? Talk to CCL Experts
Have you been served a notice by the Income Tax Department? If yes, do not worry because there is no need to get panic. We at Compliance Calendar LLP have a full-fledged team of experienced Chartered Accountants who can help you in replying to the income tax notice and further assist you as and when required.
If the Income Tax Department is not satisfied with your particulars in the Income Tax Returns (ITR) or if they have a question/ doubt for you, they can send you a notice, letter or in serious cases even summon you.
According to our team of tax experts who are mostly Chartered Accountants, you should not get very much panic if you get served a notice from the income tax department seeking details of a transaction or source/proof of some income.
Income Tax Department might have found certain discrepancies in data, errors in calculations, wrong entry of certain data, etc. In such cases, the Income Tax Department issues a notice otherwise known as Intimation Order. Sometimes, even a minor error in tax return can cause you receive a notice from the tax department.
Further, considering the spike in the number of notices being served on income tax assessees, it becomes prudent that you should consult a qualified Chartered Accountant who can look after your notice and guide you professionally as to how the same can be replied and resolved even if it includes Liaisoning with the Income Tax Department.
Income Tax Notice is a means of communication of the Income Tax Department regarding any queries or assessment needed. It should always be taken seriously by taxpayers. Let us help you in resolving the same for you.
Get in Touch with a Chartered Accountant at Compliance Calendar LLP.
It is required that as soon as you receive any notice from the Income Tax Department, you should be quick to understand its nature. We can help you ease the situation as we have had ample experience in our day-to-day practice with our years of practicing in taxation fields. Consequences of not complying with these notices can get you penalties and even imprisonment of various severities.