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.
short by
Dharini Mudgal /
05:30 pm on
17 Jul