Incorrect ITR means that the taxpayer has not given some important information in the ITR. In such a situation, the Income Tax Department sends a notice under Section 139(9) in which it is said that the wrong ITR should be corrected immediately. Let us know about it in detail.
The mere mention of the notice of the Income Tax Department spreads fear. Questions start arising in the mind as to what will happen next, what action will be taken. But the real thing is that there is no need to be afraid or nervous about this.
The tax department sends notices for many reasons which need to be known and understood and not feared. The reason for the notice could also be that you have not filed the Income Tax Return (ITR). Or if it is filled, there may be some mistake or flaw in it.
Incorrect ITR means that the taxpayer has not given some important information in the ITR. In such a situation, the Income Tax Department sends a notice under Section 139(9) in which it is said that the wrong ITR should be corrected immediately. Let us know about 3 points which indicate wrong ITR. Let us also know how to respond on receiving the notice.
ITR will become invalid
If your ITR is incorrect and you do not respond to the notice, then the tax return filed by you will be considered invalid. In this situation the tax department will assume that you have not filed ITR. In such a case, you will not get a tax refund because your return has become invalid.
What to do when you get notice
If you receive a notice of defective return under section 139(9), the mistake must be rectified within 15 days of receiving the notice. If you cannot respond to the notice within 15 days, you can apply to the Assessing Officer of the Tax Department to get extension in the period.
What is defective ITR?
To avoid action or respond to the notice, it is important to know about defective ITR. These include – non-reporting of tax paid, TDS claimed but income not shown for tax purposes, tax not reported in ITR or difference in tax paid, incomplete audit report, incomplete book of accounts, incomplete ITR filled.
The due date for filing income tax returns for assessment year 2022-23 was 31 July 2022. According to the data on the website of the tax department, more than 6.16 crore ITRs for the year 2022-23 have been filed till September 11, 2022. Of these, more than 5.47 crore returns have been verified by the taxpayer, while more than 5.08 crore returns have been processed by the department.
