One stop for everything related to taxes,
Our Blogs

Late filing of income tax returns and receiving notices from the Income Tax Department can result in significant penalties and scrutiny....

Receiving an income tax notice can be stressful, confusing, and time-sensitive. TaxBuddy’s expert-driven platform simplifies this process...

Section 148A of the Income Tax Act, 1961, introduces a structured, taxpayer-friendly procedure for reassessment. Unlike the earlier...

Tax compliance in India requires vigilance, as the Income Tax Department can issue notices not just for the current year but also for previous financial years. These notices can relate to reassessments, discrepancies in bank-linked income, or errors in filed returns. Understanding the timelines, types of notices, and the process for responding is essential for avoiding penalties and ensuring smooth compliance. Tools like TaxBuddy provide guided solutions to address these not

Section 133C of the Income Tax Act, 1961, is a crucial provision that empowers tax authorities to seek information directly from...

Even after filing your Income Tax Return (ITR) on time and accurately, receiving a notice from the Income Tax Department is possible....

Ignoring an income tax notice issued by the Indian Income Tax Department is a risk that can quickly escalate into serious financial and...

The Annual Information Statement (AIS) is a comprehensive record of financial transactions reported to the Income Tax Department by...

A defective return notice under Section 139(9) is issued when an income tax return (ITR) has errors, omissions, or incomplete details....

Section 143(1) Intimation is an official communication from the Indian Income Tax Department after processing an individual’s Income Tax...