by showing lesser income or claiming higher deduction in Income Tax Return (ITR), expect a notice from the Income Tax Department to reconcile the two tax documents – Form 16 and Income Tax Return.

An income tax notice is usually issued when there are discrepancies or errors in your tax return. Common reasons for receiving a notice include providing incorrect information in pursuit of a refund, ...

Have you ever received any income tax notice mentioning a defect in your return? This is sufficient to send a chill down the spine of a ‘common man’ or a ‘common woman’. However ...

the tax declarations are scrutinised by the Income Tax Department officials. In case there are any mismatches in the details, an 'outstanding tax demand' notice is issued by the department. If you ...

Last-minute tax filing increases the risk of mistakes, and if you have received a notice from the income tax (I-T) department, you handle the situation with care and promptness. Receiving a notice ...

Here’s what to do if you receive a notice from the Income Tax Department: When you receive a notice from the Income Tax Department, the first step is to stay calm. Receiving a notice doesn't ...

Section 148A states that the income tax officer should provide the taxpayer with a chance to explain their case before issuing the notice. In other words, it provides the taxpayer with an ...