New Delhi, Aug. 2 -- The July 31 income tax return (ITR) filing deadline may be over, but taxpayers should not assume that their compliance journey has ended. The income tax department may send notices after submission of ITR for reasons such as mismatch income details, unreported interest or capital gains, incorrect deductions, and other such discrepancies.

Receiving an income tax notice can be stressful, especially for first-time filers, but the most important thing is not to panic or ignore it. Usually these notices are issued to seek clarity or resolve small mismatches in the filed tax return.

Hence, taxpayers should first carefully read the notice, check the section under which it has been issued, compare the details with their fil...