Home Tax Assessment & Notices
Income tax assessment is the process through which the Income Tax Department checks the return you filed, confirms that your income and tax are correct, and decides the final tax you owe or the refund you get. It is done under the Income Tax Act.
If the department finds a mismatch, a missing detail, or a doubtful claim, it sends you a notice. A notice does not always mean you did something wrong. Many notices are routine and can be closed with a proper reply and proof.
| Type of Assessment | Section | What It Means? |
|
Summary assessment (processing) |
143(1) |
Computer check of your return for arithmetic errors, wrong claims, and mismatch with Form 26AS and AIS |
|
Scrutiny assessment |
143(3) |
Detailed check of your return after the department selects it for review |
|
Best judgment assessment |
144 |
Done when you do not reply to notices or do not file a return |
|
Income escaping assessment (reassessment) |
147 |
Done when the department believes some income was not reported |
|
Self-assessment |
140A |
You calculate and pay the tax yourself before filing |
If you disagree with the order, you can appeal.
You can also ask for a stay of demand while the appeal is pending, so the department does not recover the amount.
A notice has a short time limit, and a weak reply can cost you more tax and penalty. With CA Arpit Gupta, you get:
A notice does not have to cause worry. Let an experienced Chartered Accountant read it, prepare your reply, and handle the process for you.
Contact CA Arpit Gupta on Call or WhatsAPP: +91-7081220600
Call now to book a consultation and get your income tax notice answered before the last date.
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