IT Notices under Section 148, 148A

IT Notices under Section 148, 148A, 143(2), 144B, 142 for AY 2015-16:

March 2022: IT sent Notice under section 148 A. However, email notification not received or missed in spam folder. Conclusion – No action.

April 2022: IT sent Notice under section 148 asking to file ITR & Order under 148 A seeking clarifications on some transactions.

However, email notifications for both above notice / order not received or missed in spam folder. Conclusion – No action.

February 2023: IT sent Notice under section 144 informing the case has been selected for the purpose of faceless assessment/re-assessment.

July 2023: Filed ITR, after logging into IT portal and finding above Notice in July 2023.

September 2023: Clarification / further queries received from IT and responded back immediately.

December 2023: More clarification / queries received from IT and responded back immediately.

Now, please let me know what to expect from now onwards.

What is the practice of IT for closure of above Notices. How do I know the status.

Hi Sanjay,

Here’s a rundown to help you understand the process and what to expect next in your case with multiple notices under Sections 148, 148A, 143(2), 144B, and 142 for AY 2015-16:

1. Current Situation Summary

You missed initial notices (likely due to email issues) but took action once you noticed the July 2023 notice.
Filed ITR and responded to all clarifications in September and December 2023.
The case is now under faceless assessment/re-assessment (under Section 144).

2. What to Expect Next

Assessment/ Re-assessment Order:
Since you've responded to the notices and clarifications, the Assessing Officer (AO) will analyze the submissions and finalize the assessment. You should expect a draft order or final assessment order under faceless procedures.
Timeframe:
Faceless assessment typically takes 3 to 6 months after last submission, but it can vary based on complexity and backlog.
Possible Outcomes:
- No demand/refund — case closed if everything is in order.
- Tax demand raised — if the AO finds any discrepancies.
- Further notices/queries — if the AO requires more info.

3. How to Check Status

Income Tax e-Filing Portal:
- Log in to your account on incometax.gov.in
- Check the e-Assessment/ Notices/ Orders section for updates and communications.
- Under “My Pending Actions” you can also see if there’s anything pending from your side.
TRACES Portal (if applicable):
Check for any pending demands or refunds related to the AY.
Email / SMS:
Keep monitoring your registered email and mobile for updates (also check spam/junk folders).

4. Practice & Tips

Respond Promptly: You are doing well by promptly responding to queries. Continue this to avoid penalties.
Maintain Records: Keep all correspondence, submissions, and acknowledgement receipts safe.
Professional Help: If things get complicated, consider consulting a tax professional or chartered accountant experienced in faceless assessments.
Re-assessment Limitations: For AY 2015-16, reassessment notices are usually within 6 years from the end of the relevant AY, so you are within time.

Summary

You are currently in the re-assessment process under the faceless scheme. The department will soon issue the assessment order based on your replies. Keep monitoring the portal for status and be ready to respond if further notices come. Typically, after your latest submissions, it’s a matter of waiting for the AO to pass the order.