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LatestIncome Tax 20 July 2026

Tax Notice Guide

The income-tax department has notified all ITR forms for assessment year 2026-27 and enabled e-filing, taxpayers who receive a notice from the I-T department should verify the notice and respond promptly, the notice could be for various reasons such as mismatch in income, incorrect deductions or exemptions, and the taxpayer should check the notice carefully and respond to the department within the specified timeframe

The income-tax department has till date notified all ITR forms for assessment year 2026-27 i.e. financial year 2025-26 and enabled e-filing. Taxpayers who receive a notice from the I-T department should:
- Verify the notice and respond promptly
- Check the notice carefully for any discrepancies
Some common reasons for receiving a notice include:
- Mismatch in income
- Incorrect deductions or exemptions
- Failure to report certain investments

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