As the due date for filing Income Tax return u/s 139(1) is 31st July 30, 2023, almost all individuals are filing their Income Tax returns.

Getting a notice from Income Tax department gives you stress as its very difficult to resolve them.

Major reasons for Getting a notice from the Income Tax department include:-

1.        When there is a difference in Taxable Income as per AIS and Income shown in ITR

2.       When TDS claimed under Income Tax return does not match with Form 16, 16A and 26AS

3.       Other common mistakes include failing to show Rent and Dividends and other miscellaneous income in the return leading to create differences between AIS and Return filed

4.       When you fail to show Income from various sources like Capital gains, Speculative Income, and Crypto Income it will lead to the issue of IT notice

5.       We need to provide complete Documentation in order to claim relief under various sections, like form 10E needs to be provided for getting relief U/S 89A in case of salary Arrears, failing of the same leads to inviting of Notice.             

6.       Not Filing Income Tax return even after exceeding the Basic exemption limit who is eligible to file their return

7.       Selecting of wrong ITR leads to not being able to disclose the entire Income.

So, if any Taxpayer thinks that they have made any mistake in their IT return can file Revised Return 139(5).