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Form 26AS vs. AIS vs. TIS: Which to Trust While Filing ITR?
When it comes to filing your Income Tax Return (ITR) , understanding the various forms provided by the Income Tax Department is crucial...

Rashmita Choudhary
Aug 58 min read
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Section 194IB for Rent Payments by Individuals: TDS and Reporting Explained
Section 194IB of the Income Tax Act deals with the deduction of Tax Deducted at Source (TDS) on rent paid by individuals or Hindu...

Rajesh Kumar Kar
Aug 59 min read
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How to Report FD Interest from Multiple Banks Under Section 194A
Interest earned from Fixed Deposits (FDs) is one of the most common sources of income for many individuals. However, the interest on FDs...

Asharam Swain
Aug 19 min read
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How to File a Revised Return After Receiving a Scrutiny Notice
Filing your Income Tax Return (ITR) accurately is essential to avoid penalties and ensure a smooth tax filing process. However, there...

Dipali Waghmode
Aug 18 min read
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Timeline for Responding to Income Tax Notices and Avoiding Penalties
Income tax notices are formal communications from the Income Tax Department regarding discrepancies or issues related to your tax...

PRITI SIRDESHMUKH
Aug 19 min read
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Section 142(1) vs. Section 143(2): Purpose and Documentation Required
Understanding the notices under sections 142(1) and 143(2) of the Income Tax Act is crucial for taxpayers who may encounter these...

Nimisha Panda
Aug 18 min read
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Responding to AIS Discrepancy Notices Under Section 143(1)
An AIS (Annual Information Statement) Discrepancy Notice is a communication from the Income Tax Department issued to taxpayers when...

Rashmita Choudhary
Aug 110 min read
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How to Avoid a 142(2A) Audit for Small Businesses or Freelancers
Income Tax audits are an essential part of ensuring compliance with tax laws and regulations. One such audit, the Section 142(2A) of the...

Rajesh Kumar Kar
Aug 19 min read
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Reporting Foreign Income Incorrectly? Section 142(1) Risk Explained
Section 142(1) of the Income Tax Act is one of the critical provisions that empowers the Income Tax Department to issue a notice to...

PRITI SIRDESHMUKH
Jul 319 min read
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Can You Ignore a 143(2) Scrutiny Notice? Legal Consequences Explained
A Section 143(2) Scrutiny Notice is an official communication from the Income Tax Department that initiates a detailed examination of...

Nimisha Panda
Jul 319 min read
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