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Here’s everything you need to know:
1: Reply within a time limit
The taxpayer must respond within 30 days of the date the notice was served after receiving the intimation notice.
2: Verify details
After receiving the notice, the taxpayer should verify the name, address, PAN number, assessment number and the e-filing acknowledgement number listed in the notice.
3: Revised return filing
Revised returns can only be filed in case of mistakes made in the original ITR filing. When a taxpayer chooses to amend a return, the revised return must be filed within 15 days.
4: Demand to pay additional tax
When the taxpayer receives this notice of the demand, they have 30 days to respond in order to avoid being charged additional interest and a penalty from the assessing officer.
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