What're the common types of I-T notices that a person can receive?
An Intimation Notice is sent after the ITR is processed, indicating TDS mismatch or calculation errors. An Income Escapement Notice is issued if the tax department believes the person has underreported/escaped income. A Penalty Notice is issued for filing ITR after the due date. A Tax Demand Notice is sent when a person owes additional tax after assessment, reported News18.