Decade-old income tax demands are resurfacing on the income tax portal, catching many taxpayers off guard. According to a ...
While the demands themselves may be genuine, establishing that statutory notices and assessment orders were properly ...
ET Online You can get income tax notice for credit card usage in these situations; Knowhow to deal with this (AI generated ...
The Income Tax Department is alerting taxpayers about incorrect deduction and exemption claims. Salaried individuals who ...
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 ...
Delhi High Court held that application of income tax department for release of FDR towards tax liability not entertained until conclusion of trial under Prevention of Money Laundering Act, 2002 [PMLA] ...
If the taxpayer has failed to report foreign assets and income in the original ITR, there is an opportunity to rectify this ...
Failure by an ROR to disclose, or incorrect disclosure of, foreign income and/or assets may attract these tax and penalty ...
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 ...
Several taxpayers have complained that they have received an email and/or SMS from the income tax department saying that ...
The Income Tax Department is alerting taxpayers about potential errors in their tax deduction claims. Through a NUDGE ...