A tax notice is issued by the income tax department when the Assessing Officer finds any default in the Original/Revised Income Tax Return. A taxpayer can get a notice from the Income Tax Department for many reasons under various sections.

No, every tax notice does not demand additional tax. Notices are issued under different sections and every section has some different demand.

Yes, responding to tax notice is necessary in every case otherwise you have to face the consequences as stated afterward.

If no action is taken by you within 30 days of receipt of the notice u/s 245, the outstanding demand as on that date will be considered for adjustment against your refund.

Non-payment of tax demand attracts penalty and prosecution under various provisions of the Income Tax Act, 1961, and interest @ 1% p.m. or part of the month on the amount of default.

LegalRaasta has a team of experienced CAs who will get in touch with you and will ensure a proper response to your tax notice and help in resolving the issue.