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Section 80D Health Insurance Deductions and Their Impact on Your ITR Filing and Tax Notices
Section 80D of the Income Tax Act plays a pivotal role in helping taxpayers reduce their taxable income through health insurance premium...

Rajesh Kumar Kar
Jun 119 min read
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Responding to Tax Notices Under Section 142(1) for Missing Income and Deductions
Taxpayers may receive a notice under Section 142(1) of the Income Tax Act when the Assessing Officer seeks clarification or compliance...

Nimisha Panda
Jun 118 min read
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Claiming Section 87A Rebate in ITR Filing & Avoiding Missed Deductions
Claiming the Section 87A rebate in your Income Tax Return (ITR) can significantly reduce your tax liability, making it an important...

Asharam Swain
Jun 28 min read
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Claiming Tax Deductions Under Section 80E for Education Loans and Avoiding Scrutiny Notices
Education loans can ease the financial burden of higher studies, and Section 80E of the Income Tax Act offers relief by allowing a...

PRITI SIRDESHMUKH
May 278 min read
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Responding to Section 143(2) Scrutiny Notice
A Section 143(2) notice signifies a scrutiny assessment by the Income Tax Department, usually due to discrepancies or inconsistencies in...

Asharam Swain
May 228 min read
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How to Handle Section 142(1) Scrutiny Notices for Discrepancies in Your ITR Filing
Section 142(1) scrutiny notices are formal communications issued by the Income Tax Department when discrepancies, inconsistencies, or...

Asharam Swain
May 229 min read
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Responding to Tax Notices for Incorrect Capital Gains Reporting and Filing Corrected Returns
After filing your Income Tax Return (ITR), the possibility of receiving a scrutiny notice under Section 143(2) can be a daunting...

Rashmita Choudhary
May 1911 min read
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How to Address a Notice Under Section 143(2) Effectively?
Getting a notice from the income tax department can trigger anxiety and confusion. Deciphering whether you need to address the notice and...

Prachi Jain
May 145 min read
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Section 148 of Income Tax Act: Understanding the Notice, Response and Consequences
The Income Tax Act 1961 is replete with provisions that empower tax authorities to ensure the accurate assessment of taxpayers' income....

Nimisha Panda
May 1410 min read
7,205
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ITR Computation in Excel: Meaning, Format, and Other Relevant Areas
The Indian Income Tax Act, 1961 encompasses all aspects of administration, levy, collection, and recovery of Income Tax in India. But...

Indrajeet Sharma
May 1411 min read
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