{"id":437,"date":"2026-06-08T09:14:10","date_gmt":"2026-06-08T09:14:10","guid":{"rendered":"https:\/\/itradvisor.in\/wpblogs\/?p=437"},"modified":"2026-06-08T09:19:32","modified_gmt":"2026-06-08T09:19:32","slug":"received-a-section-148-notice","status":"publish","type":"post","link":"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/","title":{"rendered":"Received a Section 148 Notice? Here\u2019s What It Means and What to do"},"content":{"rendered":"\n<p> June 2026\u2022  Nidhi Adwani<\/p>\n\n\n\n<p>A Section 148 Notice is one of the most serious notices that a taxpayer can receive from the Income Tax Department.<\/p>\n\n\n\n<p>Many taxpayers panic when they receive such a notice because it relates to income that the department believes may have escaped assessment in an earlier year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"233\" src=\"https:\/\/itradvisor.in\/wpblogs\/wp-content\/uploads\/2026\/06\/image-12.png\" alt=\"\" class=\"wp-image-439\" srcset=\"https:\/\/itradvisor.in\/wpblogs\/wp-content\/uploads\/2026\/06\/image-12.png 1024w, https:\/\/itradvisor.in\/wpblogs\/wp-content\/uploads\/2026\/06\/image-12-300x68.png 300w, https:\/\/itradvisor.in\/wpblogs\/wp-content\/uploads\/2026\/06\/image-12-768x175.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>However, receiving a Section 148 Notice does not automatically mean that you have committed tax evasion or concealed income. In many cases, notices are issued due to information mismatches, non reporting of transactions, or incomplete disclosures in the Income Tax Return (ITR).<\/p>\n\n\n\n<p>Understanding the reason for the notice and responding correctly is critical.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#What_is_a_Section_148_Notice\" >What is a Section 148 Notice?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#In_simple_words_the_department_believes_that\" >In simple words, the department believes that:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Why_is_a_Section_148_Notice_Issued\" >Why is a Section 148 Notice Issued?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Common_Reasons_for_Receiving_a_Section_148_Notice\" >Common Reasons for Receiving a Section 148 Notice<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Real-Life_Example_Section_148_Notice_for_Property_Sale\" >Real-Life Example: Section 148 Notice for Property Sale<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Real-Life_Example_Section_148_Notice_for_Credit_Card_Spending\" >Real-Life Example: Section 148 Notice for Credit Card Spending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#What_Should_You_Do_After_Receiving_a_Section_148_Notice\" >What Should You Do After Receiving a Section 148 Notice?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Step_1_Do_Not_Ignore_the_Notice\" >Step 1: Do Not Ignore the Notice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Step_2_Understand_the_Issue\" >Step 2: Understand the Issue<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Step_3_Gather_Documents\" >Step 3: Gather Documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Step_4_Verify_the_Facts\" >Step 4: Verify the Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Step_5_Submit_a_Proper_Response\" >Step 5: Submit a Proper Response<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Is_Section_148_Notice_Serious\" >Is Section 148 Notice Serious?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#What_Happens_if_You_Ignore_a_Section_148_Notice\" >What Happens if You Ignore a Section 148 Notice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Frequently_Asked_Questions_FAQs\" >Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#1Does_a_Section_148_Notice_mean_I_have_concealed_income\" >1.Does a Section 148 Notice mean I have concealed income?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#2Can_salaried_employees_receive_a_Section_148_Notice\" >2.Can salaried employees receive a Section 148 Notice?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#3Can_a_Section_148_Notice_be_issued_years_after_filing_the_return\" >3.Can a Section 148 Notice be issued years after filing the return?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#4Should_I_seek_professional_assistance\" >4.Should I seek professional assistance?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/itradvisor.in\/wpblogs\/received-a-section-148-notice\/#Need_Help_with_a_Section_148_Notice\" >Need Help with a Section 148 Notice?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_a_Section_148_Notice\"><\/span>What is a Section 148 Notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A Section 148 Notice is issued when the Income Tax Department has information suggesting that taxable income may have escaped assessment.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"In_simple_words_the_department_believes_that\"><\/span><strong>In simple words, the department believes that:<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Certain income was not disclosed in the ITR, or<\/li>\n\n\n\n<li>Certain transactions were not properly reported, or<\/li>\n\n\n\n<li>Additional tax may be payable.<\/li>\n<\/ul>\n\n\n\n<p>The notice gives the taxpayer an opportunity to explain the transaction before reassessment proceedings are completed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_is_a_Section_148_Notice_Issued\"><\/span><strong>Why is a Section 148 Notice Issued?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Today, the <a href=\"http:\/\/incometax.gov.in\" data-type=\"link\" data-id=\"incometax.gov.in\" target=\"_blank\" rel=\"noopener\">Income Tax Department<\/a> receives information from multiple sources, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Banks<\/li>\n\n\n\n<li>Property Registration Offices<\/li>\n\n\n\n<li>Stock Brokers<\/li>\n\n\n\n<li>Mutual Fund Companies<\/li>\n\n\n\n<li>Credit Card Companies<\/li>\n\n\n\n<li>GST Authorities<\/li>\n\n\n\n<li>Foreign Tax Authorities<\/li>\n\n\n\n<li>Annual Information Statement (AIS)<\/li>\n<\/ul>\n\n\n\n<p>If the information available with the department does not match the details disclosed in the ITR, a Section 148 Notice may be issued.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Common_Reasons_for_Receiving_a_Section_148_Notice\"><\/span><strong>Common Reasons for Receiving a Section 148 Notice<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Property Sale Not Reported<\/strong><\/li>\n<\/ol>\n\n\n\n<p>The taxpayer sold a property but failed to report capital gains in the return.<\/p>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>High-Value Credit Card Spending<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Large spending patterns not matching declared income.<\/p>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Share Market Transactions Not Disclosed<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Capital gains or trading profits omitted from the ITR.<\/p>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Foreign Income Not Reported<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Income earned outside India not disclosed where required.<\/p>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Cash Deposits in Bank Accounts<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Large cash deposits that do not match reported income.<\/p>\n\n\n\n<ol start=\"6\" class=\"wp-block-list\">\n<li><strong>Business Receipts Under-Reported<\/strong><\/li>\n<\/ol>\n\n\n\n<p>Turnover reflected in GST records differs from income declared in the ITR.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Real-Life_Example_Section_148_Notice_for_Property_Sale\"><\/span>Real-Life Example: Section 148 Notice for Property Sale<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Mr. Rajesh, a salaried employee from Pune, sold a residential plot in 2022 for \u20b972 lakh.<\/p>\n\n\n\n<p>Since tax was deducted by the buyer and the sale proceeds were credited to his bank account, Mr. Rajesh assumed that no further reporting was required.<\/p>\n\n\n\n<p>While filing his Income Tax Return, he disclosed his salary income but failed to report the capital gains arising from the property sale.<\/p>\n\n\n\n<p>The property transaction was reported to the Income Tax Department through the registrar\u2019s office and reflected in its database.<\/p>\n\n\n\n<p>Two years later, Mr. Rajesh received a Section 148 Notice stating that income chargeable to tax appeared to have escaped assessment.<\/p>\n\n\n\n<p>After consulting a tax professional, he:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Obtained the purchase documents.<\/li>\n\n\n\n<li>Calculated the indexed cost of acquisition.<\/li>\n\n\n\n<li>Computed long-term capital gains.<\/li>\n\n\n\n<li>Submitted proof of investment made in another residential property.<\/li>\n\n\n\n<li>Claimed exemption under the applicable provisions.<\/li>\n<\/ul>\n\n\n\n<p>After reviewing the documents, the Income Tax Department accepted the explanation and completed the reassessment proceedings.<\/p>\n\n\n\n<p>This is one of the most common reasons for Section 148 Notices in India.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Real-Life_Example_Section_148_Notice_for_Credit_Card_Spending\"><\/span>Real-Life Example: Section 148 Notice for Credit Card Spending<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A taxpayer declared annual income of \u20b99 lakh in his Income Tax Return.<\/p>\n\n\n\n<p>However, information available with the Income Tax Department showed credit card spending exceeding \u20b924 lakh during the same financial year.<\/p>\n\n\n\n<p>The department sought an explanation regarding the source of funds used for such expenditure.<\/p>\n\n\n\n<p>Upon examination, it was found that a significant portion of the spending was incurred for family members and reimbursed by relatives.<\/p>\n\n\n\n<p>Supporting documents were submitted and the matter was explained during reassessment proceedings.<\/p>\n\n\n\n<p>This example highlights how high-value transactions can attract scrutiny even when there is no tax evasion.<\/p>\n\n\n\n<p>Read our detailed guide on:<em>Got an Income Tax Notice for High Credit Card Spending?<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Should_You_Do_After_Receiving_a_Section_148_Notice\"><\/span>What Should You Do After Receiving a Section 148 Notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_1_Do_Not_Ignore_the_Notice\"><\/span>Step 1: Do Not Ignore the Notice<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Ignoring the notice can result in reassessment being completed based on available information.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_2_Understand_the_Issue\"><\/span><strong>Step 2: Understand the Issue<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Identify:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Assessment Year involved<\/li>\n\n\n\n<li>Transaction questioned by the department<\/li>\n\n\n\n<li>Deadline for response<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_3_Gather_Documents\"><\/span><strong>Step 3: Gather Documents<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Depending on the issue involved, collect:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Bank statements<\/li>\n\n\n\n<li>Property documents<\/li>\n\n\n\n<li>Capital gains calculations<\/li>\n\n\n\n<li>Loan documents<\/li>\n\n\n\n<li>Investment records<\/li>\n\n\n\n<li>Business books of accounts<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_4_Verify_the_Facts\"><\/span><strong>Step 4: Verify the Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Many notices arise because the department\u2019s information is incomplete or because a transaction has been misunderstood.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_5_Submit_a_Proper_Response\"><\/span><strong>Step 5: Submit a Proper Response<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>A well-documented response supported by evidence can significantly improve the outcome of reassessment proceedings.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_Section_148_Notice_Serious\"><\/span>Is Section 148 Notice Serious?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Yes.<\/strong><\/p>\n\n\n\n<p>A Section 148 Notice should always be taken seriously because it involves reopening an earlier assessment.<\/p>\n\n\n\n<p>However, seriousness does not mean guilt.<\/p>\n\n\n\n<p>Many genuine taxpayers successfully resolve reassessment proceedings by providing proper explanations and supporting documents.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Happens_if_You_Ignore_a_Section_148_Notice\"><\/span>What Happens if You Ignore a Section 148 Notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Failure to respond may result in:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Reassessment based on available records<\/li>\n\n\n\n<li>Additional tax demand<\/li>\n\n\n\n<li>Interest liability<\/li>\n\n\n\n<li>Penalty proceedings in certain cases<\/li>\n<\/ul>\n\n\n\n<p>Therefore, timely action is essential.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1780907211575\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"1Does_a_Section_148_Notice_mean_I_have_concealed_income\"><\/span>1.Does a Section 148 Notice mean I have concealed income?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>No. The notice only indicates that the department believes income may have escaped assessment and seeks an explanation.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1780907213832\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"2Can_salaried_employees_receive_a_Section_148_Notice\"><\/span>2.Can salaried employees receive a Section 148 Notice?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Property transactions, share trading, foreign assets, and high-value transactions can trigger notices even for salaried taxpayers.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1780907215223\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"3Can_a_Section_148_Notice_be_issued_years_after_filing_the_return\"><\/span>3.Can a Section 148 Notice be issued years after filing the return?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Subject to statutory conditions and timelines prescribed under the Income Tax Act.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1780907302050\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"4Should_I_seek_professional_assistance\"><\/span>4.Should I seek professional assistance?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Where the notice involves property transactions, capital gains, business income, foreign assets, or substantial tax demands, professional guidance is strongly advisable.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n<p>About the Author Nidhi Adwani<\/p>\n\n\n\n<p>Nidhi Adwani is the Human Resources Manager at <a href=\"https:\/\/www.adwaniandco.com\/\" data-type=\"link\" data-id=\"https:\/\/www.adwaniandco.com\/\" target=\"_blank\" rel=\"noopener\">Adwani &amp; Co., <\/a>where she plays a key role in people management, team development, organizational culture, and business communications. With a background in Law and MBA (Human Resources), she combines legal understanding with modern HR practices to support a productive and growth-oriented workplace.<\/p>\n\n\n\n<p>Beyond HR management, Nidhi actively oversees staff engagement initiatives, recruitment, employee development, and internal operations. She also manages the firm\u2019s social media presence and contributes to content strategy, helping communicate valuable insights to clients and professionals through informative articles and digital engagement.<\/p>\n\n\n\n<p>As a regular contributor to the blogs of<a href=\"https:\/\/itradvisor.in\/\" data-type=\"link\" data-id=\"https:\/\/itradvisor.in\/\"> ITRAdvisor <\/a>and Adwani &amp; Co., she writes on topics related to human resources, workplace culture, leadership, employee engagement, professional development, and organizational effectiveness. Her articles aim to simplify practical HR concepts, share industry perspectives, and encourage continuous learning among professionals and business owners.<\/p>\n\n\n\n<p>Through her writing, Nidhi seeks to bridge the gap between people, processes, and professional growth, helping organizations build stronger teams and healthier work environments.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Need_Help_with_a_Section_148_Notice\"><\/span>Need Help with a Section 148 Notice?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Receiving a reassessment notice can be stressful, but the right response at the right time can make a significant difference.<\/p>\n\n\n\n<p>If you have received a Section 148 Notice and need assistance in understanding the notice, preparing a response, calculating capital gains, explaining high-value transactions, or representing your case before the Income Tax Department, professional support can help protect your interests.<\/p>\n\n\n\n<p>For assistance and consultation, contact <a href=\"https:\/\/itradvisor.in\/\" data-type=\"link\" data-id=\"https:\/\/itradvisor.in\/\">ITRAdvisor.in<\/a>. Our team helps taxpayers across India with ncome Tax Notices, Reassessment Proceedings, AIS Mismatches, Capital Gains Issues, NRI Taxation, and ITR Compliance matters.<\/p>\n\n\n\n<p><a href=\"Visit: https:\/\/itradvisor.in\">Visit: https:\/\/itradvisor.in<\/a><\/p>\n\n\n\n<p><em>Early action can often prevent unnecessary tax disputes and penalties.<\/em><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>June 2026\u2022 Nidhi Adwani A Section 148 Notice is one of the most serious notices that a taxpayer can receive from the Income Tax Department. Many taxpayers panic when they receive such a notice because it relates to income that the department believes may have escaped assessment in an earlier year. However, receiving a Section [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[73,62,87],"class_list":["post-437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-file-correctly","tag-income-tax-notice","tag-section-148"],"_links":{"self":[{"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/posts\/437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/comments?post=437"}],"version-history":[{"count":1,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/posts\/437\/revisions"}],"predecessor-version":[{"id":441,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/posts\/437\/revisions\/441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/media\/440"}],"wp:attachment":[{"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/media?parent=437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/categories?post=437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itradvisor.in\/wpblogs\/wp-json\/wp\/v2\/tags?post=437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}