6) Organize Related Papers

As all legal and government procedures take a lot of time and are obviously paper-work heavy, one should keep his/ her papers in order in case one is served with an IT notice. Apart from performing the aforementioned tasks, it is very important to keep all related papers and documents ready when one is dealing with the IT department. Keeping lots of copies is noticeably mandatory too. Doing this will only aid the legal proceedings and save you a lot of time and effort. Keeping this step for the 11th hour will only aggravate your IT woes. So, be an early bird with this step and always keep all your paper-work properly filed.

7) Consult a Professional

Sometimes it is best to consult a professional for help in these matters as we are not very well-versed with financial matters. If one is careless with this step, it can spell disaster. One might have to pay tons of penalties and fine just because he/she was trying to save a little more money. A professional will help us a lot with this matter and relieve us of a lot of burden. If the notice asks the assessee to only pay extra taxes, then one might not go for professional help. If the matter is more convoluted than this, then seeking professional help is obligatory. In case of being summoned by the AO, a professional will prepare people on the related procedures. If one is dealing with this situation, then foregoing a professional’s help is ill-advised.