Explanation
Scrutiny assessment — notice to produce information
Section: 143(2) / §272 IT Act 2025
Deadline: The notice specifies a date for appearance or submission of documents. Comply by the date specified. Typically the assessment is completed within 12 months of the end of the Tax Year.
Consequence if ignored: Best-judgment assessment under Section 144/§273 — the AO assesses on the basis of available information, which almost always results in a higher demand.
How to reply: Appear before the AO or respond electronically through the portal by the date specified. Provide the documents/explanations asked for. Engage a CA or tax practitioner for this.
If ignored
How to respond
Appear before the AO or respond electronically through the portal by the date specified. Provide the documents/explanations asked for. Engage a CA or tax practitioner for this.