Responding to Income Tax Notices on High-Value Cash Transactions

Responding to Income Tax Notices on High-Value Cash Transactions The Income Tax Department is now employing various data analysis techniques to pinpoint those who have either failed to file their income tax returns or misrepresented their earnings. In light of…

What to Do When You Receive an 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…

E-Proceedings under Income Tax

E-Proceedings under Income Tax E-proceedings refers to a digital platform for conducting scrutiny assessment proceedings in an end to end manner. The platform was created by the Income Tax department to bring about transparency and efficiency in the income tax…

Scrutiny Assessment under Income Tax – Section 143(3)

Scrutiny Assessment under Income Tax - Section 143(3) Income tax assessment is the process of verification of the information a taxpayer has provided in the returns submitted by a taxpayer to the income tax department. The Income Tax department assesses…