Notice u/s 143(2) for detailed assessment

If you've filed your Income Tax Return under Section 44AD (presumptive taxation) and received a notice under Section 143(2) for detailed assessment, it's important to respond appropriately. The notice typically requests evidence supporting your filed return. While detailed accounts may not have been prepared for a 44AD filing, you can initially submit an Income Computation and request clarification on specific documents needed. Engaging a Chartered Accountant is advisable, especially if the Assessing Officer later requests Profit & Loss statements and Balance Sheets under Section 142(1).