ITR filed, 143 (1) notice came; respond else….

For a taxpayer, filing their income tax return (ITR) is one of the most important annual compliance requirements. However, the job does not end there. Once an ITR is filed, the income tax department sends a Section 143 (1) intimation to taxpayers, informing whether the tax computation submitted in ITR has been accepted or not. If it is accepted, then no further action is required but if it's not accepted, it means you need to take proper action.