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Receiving an income tax notice can be stressful, especially when it’s caused by simple errors in filing or reporting. For 2025, the Income Tax Department has intensified digital scrutiny using data from Form 26AS, AIS, and TIS to track every financial activity—from salary and interest to high-value transactions. Even minor mismatches or delays can trigger automated alerts. Avoiding these notices is now about accuracy, transparency, and timely compliance. With the right appro

Notices for mismatched bank interest have become increasingly common as AIS, TIS, and Form 26AS data evolve into highly automated reporting systems. When the interest recorded by banks does not match what appears in a tax return, the compliance portal raises a discrepancy and triggers a notice. These mismatches can come from timing differences, multiple accounts, or reporting under the wrong income head. Responding quickly and accurately is essential because the Income Tax De

Post-filing support plays a vital role in ensuring that taxpayers remain compliant even after submitting their Income Tax Returns. The Income Tax Department often issues notices for discrepancies like income mismatches, TDS errors, or incomplete details. TaxBuddy bridges this post-filing gap by offering expert-led support for quick and accurate resolution. Through its AI-driven platform and mobile app, TaxBuddy helps taxpayers understand, respond, and resolve notices without

Taxpayers commonly face notices when TDS is shown as deducted on salary slips but never deposited by the employer, leading to mismatches in Form 26AS and automated tax demands. Such notices arise under the Income Tax Act, 1961, when the employer fails to remit deducted TDS to the government. The department then flags the discrepancy, placing the burden of clarification on the employee despite no fault on their part. Understanding why this happens, what documents are required,

Income overlooked during assessments gets addressed in Sections 147 to 151 of the Income Tax Act. The assessing officer may still assess if they believe that some revenue was disregarded in the Income Tax Return (ITR) , regardless of whether the returns were filed or the evaluation finalized for the same return. This situation is known as income escaping assessment. Section 148A allows taxpayers to present their case on whether an income escaping assessment is necessary. The

Getting an Income Tax Notice  can make any taxpayer anxious, but not every notice means you have done something wrong. The Income Tax Department issues these notices for several reasons: sometimes to correct a simple mismatch in your Income Tax Return (ITR), and other times to verify high-value transactions or confirm the deductions you have claimed. In most cases, it’s about data verification, clarification, or missing information, not penalties. The department uses automate

Interest income mismatch notices usually arise when the Annual Information Statement (AIS) shows higher or different interest amounts than what appears in the Income Tax Return. These discrepancies often come from FD renewals, cumulative interest entries, missing savings interest, or incorrect TDS figures. At times, even small mistakes in bank account opening forms—like wrong PAN or outdated KYC—can trigger mismatches. TaxBuddy simplifies this entire process by automatically

A notice under Section 142(1) of the Income Tax Act, 1961, is sent by the Assessing Officer when additional information or documents are required before completing your income tax assessment. It may be issued whether a return has been filed or not, and is meant to verify income details, deductions, or transactions. Receiving this notice does not always imply an error or wrongdoing; it’s often a standard verification step to ensure accuracy and compliance with tax laws. Table

Section 148A of the Income Tax Act, 1961, introduced through the Finance Act, 2021, redefined how reassessment proceedings are initiated by ensuring fairness, transparency, and accountability. Before issuing a reassessment notice under Section 148 , the Assessing Officer must conduct an inquiry, verify evidence, and offer the taxpayer an opportunity to respond. This change strengthens taxpayer protection, ensuring no reassessment is initiated arbitrarily and that income disc

A yearly compliance checklist safeguards taxpayers from mismatch-driven income tax notices by aligning financial records with what the Income Tax Department receives from banks, employers, brokers and other reporting entities. AIS, TIS, Form 26AS, bank interest, Form 15G/15H declarations, KYC details and high-value transactions are now monitored through automated analytics, meaning even small inconsistencies can lead to e-campaign alerts and scrutiny notices. A structured ann