Post by: Renu Suresh in Income Tax Notice
Responding to Income Tax Notices After Filing ITR If there's a discrepancy between the deductions or exemptions you claimed on your Income Tax Return (ITR) and the details in your Form 16 or Annual Information Statement (AIS), or if there…
Post by: Renu Suresh in Income Tax Notice
Income Tax Notice for Salaried Employees A notice from the income tax department is an official alert that indicates the need for further clarification, corrections, or additional details related to your tax filings. In the current fiscal year, the importance…
Post by: Renu Suresh in Income Tax Notice
Top Reasons Why You Can Get An Income Tax Notice Receiving an income tax notice can be daunting for anyone, whether you're a seasoned business owner or a new taxpayer. The Indian Income Tax Department issues notices for various reasons,…
Post by: Renu Suresh in Income Tax Notice
What to Do When You Receive an Income Tax Notice? Receiving a notice from the Income Tax Department can be unsettling, but it's important to remember that not all notices are cause for alarm. Often, they are simply requests for clarification…
Post by: Sanya Warriar in Income Tax
How do I know if I have an Income Tax Notice? When a taxpayer files an Income Tax Return (ITR) with the department, the department processes the return. It may issue a notice to the taxpayer, which could…
Post by: Sanya Warriar in Income Tax
What happens if we do not respond to Income Tax Notice? Income Tax Notice is a correspondence sent by the Income Tax (IT) Department when they want to raise an inquiry against the returns filed by the taxpayer. There are…
Post by: IndiaFilings in Compliance Income Tax
Section 143(1) - Income Tax Notice & Response Process All persons having taxable income must file an income tax return each financial year. After filing the tax return, the income tax department would process the return and check for any…
