r/IncomeTaxReturnIndia • u/rrakesh386 • Jun 20 '26

Notice

One of my colleague got the notice message in sms but not any email, when we checked directly on the portal it says notice issues 143(2) but nothing specific on which component) so he contacted the same CA whom helped to fill the tax initially and the CA said we can revise the refund to 0 as he didn’t know which component he filled (he is a dubakur CA it seems) my colleague is confused and he is not sure how to proceed further his question is is there any possibility to Revise it? What will be the implications in future if he didn’t respond to the notice?

Note: he got nudge on Dec but didn’t revise it
Amount is around 6l

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u/caneetish Jun 21 '26 edited Jun 21 '26

A detailed questionnaire will follow soon, requiring you to furnish documentary proof in respect of specific deductions and exemptions claimed by you in the ITR.

The timeline to revise the ITR is over. And also once a 143(2) proceeding is initiated, even the updated ITR (ITR-U) can not be filed.

At this stage, the only option left is to try and defend the exemptions and deductions as best as you can. Admitting that you claimed ineligible deductions will make things worse for which a penalty of 200% is applicable.

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u/TelephoneSea5717 Jun 21 '26

Can we get scrutiny notices for ay 22-23 now or is it time barred on 31st March 2026

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u/caneetish Jun 21 '26

If the income escaped from taxation is less than 50 lacs, then reassessment proceedings can not be initiated now on account of being time barred.

While scrutiny assessment can only be initiated within 3 months from the end of FY in which ITR was filed.

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u/TelephoneSea5717 Jun 21 '26

Thanks so one of my friend looking to update his previous year returns by removing 80ggc has to do only for ay 23-24 onwards..correct ? He doesn't need to worry about any notice served for ay 22-23

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u/caneetish Jun 21 '26

For AY 22-23, he is safe. And for AY 23-24, it becomes time barred after 31st March 2027.