Income Tax Demand Notice 143(1): Meaning, Reasons & How to Respond
Introduction Many taxpayers panic when they receive an Income Tax Demand Notice 143(1) from the Income Tax Department. However, this notice is a routine intimation sent under Section 143(1) of the Income Tax Act, 1961. Understanding what it means, why it’s sent, and how to respond properly can save you from unnecessary stress and penalties. … Read more