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Income Tax Scrutiny Assessment Under Section 143(3)
The income tax assessment is a critical procedure conducted by the Income Tax Department to authenticate the details furnished by...

Prachi Jain
May 136 min read
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Interest on Income Tax Refund: Is it Taxable?
You, as a taxpayer, pay taxes on the total amount of money you make within a fiscal year. When a person pays more in taxes than they are...

Asharam Swain
Nov 8, 20247 min read
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A Detailed Guide on Income Tax Notice to Salaried Employees
An income tax notice from the Tax Department denotes the need for more information, revisions, or clarification regarding your tax...

Bhavika Rajput
Sep 5, 20249 min read
393
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Replying to an Income Tax Notice: How to Handle Different Types of Notices
It's not uncommon to make mistakes when filing your income tax returns (ITRs) . The income tax department issues notices in these...

Asharam Swain
Sep 4, 20247 min read
2,237
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Section 144 of the Income Tax Act: A Detailed Overview
Assuring that taxpayers pay their fair share of taxes and complete all requirements, tax assessment is a crucial component of the Indian...

Rashmita Choudhary
Aug 22, 20247 min read
2,284
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What is Faceless Assessment Scheme: Understanding Section 144B of the Income Tax Act
India's Faceless Assessment Scheme streamlines income tax filing by doing away with in-person encounters with tax officials. The scheme...

Nimisha Panda
Aug 22, 202415 min read
1,567
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139(9): What is Defective Notice & How to Respond to It?
When doing something complex like submitting income tax forms, making an error or two is very acceptable. We might occasionally forget to...

Dipali Waghmode
Aug 22, 20248 min read
1,832
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Notice from the Income Tax Department: Why You Might Receive One and How to Respond?
Receiving an income tax notice can be a nightmare, even if you have filed your income tax return on time. Understanding these notices,...

PRITI SIRDESHMUKH
Mar 29, 20244 min read
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