Income Tax Assessment Process

1. Provide the required details and information as per income tax notice.

2. Choose a package and pay online with different payment modes available.

3. On placing an order, your application will be assigned to one of our dedicated professionals.

4. Our professional shall carefully examine the documents and furnish them with the income tax authority.

5. Our professional shall make regular follow-up with the Income tax department and comply with issued notices.

6. On obtaining furnishing all required details, Income tax officials pass appropriate order of assessment.

What are Income Tax Assessments?

Income tax assessment is the process of scrutinizing and reviewing the income declared by assessee in their income tax returns.

At the end of each financial year, all individuals and entities are required to file an income tax return by self-computing the amount of income earned during the financial year and pay the tax due.

After the filing of an income tax return by the taxpayer, Income tax authorities select suspicious income tax returns and send notice to conduct manual income tax assessment. Income tax authorities scrutinize whether the income declared is correct or not.

How to Respond to Income Tax Assessment Notice?

Getting a notice from the income tax department can leave you in panic mode.

Assure the below before taking any further steps:-

# Is it really your name on the income tax assessment Notice?

# Is your Pan Number mentioned correctly?

# Which assessment year such tax notice relates to?

# Is there a correct document identification number [DIN]?

If all particulars are correct in the Income Tax Assessment Notice then you must reply to the Income-tax department within time as specified in the income tax notice. Our professional can help you understand the nature of Income Tax Assessment notice received and assist you in representing before the income tax authorities as per income tax rules.