This explains how most notices arise from differences between ITR data and information available with the tax department through AIS and ...
While the demands themselves may be genuine, establishing that statutory notices and assessment orders were properly ...
Income Tax Department has been sending emails and SMSes warning that return processing and refunds are on hold due to flagged ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...
This explains why recent income disclosure intimations lack statutory support and create uncertainty. The key takeaway is that vague communications without cited legal provisions may not withstand ...
If the taxpayer has failed to report foreign assets and income in the original ITR, there is an opportunity to rectify this ...
The Income Tax Department clarified that recent SMS and email alerts on ITR mismatches are advisory, not punitive. Issued ...
Hundreds of taxpayers across India have reported receiving alerts from the Income Tax Department stating that their income ...
The Income Tax Department is reportedly sending alerts to taxpayers for AY 2025-26, placing refunds on hold due to ITR ...
Got an unexpected SMS or email from the Income Tax Department about your transactions and unsure what to do next? The ...
The year 2025 brought significant changes to India's income tax landscape, with Budget 2025 introducing beneficial hikes in ...
Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...