top of page
One stop for everything related to taxes,
Our Blogs
The latest industry news, interviews, and resources
Understanding the Impact of Section 142(1) Notices for Missing Deductions in Your ITR
A Section 142(1) notice is a formal communication issued by the Income Tax Department to a taxpayer who has failed to comply with the...

PRITI SIRDESHMUKH
5 hours ago10 min read
1
0
How to Correct Errors in Reported Income Using ITR-U and Avoid Penalties Under Section 139
Filing Income Tax Returns (ITR) is a crucial process for taxpayers in India. However, errors during the filing process can lead to...

Rashmita Choudhary
1 day ago8 min read
7
0
Responding to Section 142(1) Scrutiny Notices for Missing Income and Deductions in Your Tax Filing
Receiving a Section 142(1) notice from the Income Tax Department can be intimidating for taxpayers, as it signals the tax authorities'...

Nimisha Panda
2 days ago10 min read
3
0
How to Report Freelance Income and Avoid Penalties Under Section 44ADA for Misreporting
Section 44ADA of the Income Tax Act provides a simplified taxation scheme for professionals, particularly those engaged in freelancing...

Asharam Swain
4 days ago10 min read
0
0
How to Handle Section 194J TDS on Professional Fees and Its Impact on Your ITR Filing
Section 194J of the Income Tax Act governs the Tax Deducted at Source (TDS) for payments made to professionals and certain contractors....

Dipali Waghmode
4 days ago8 min read
2
0
Responding to Section 142(1) Notices for Missing HRA Claims and Correcting Your Tax Filing
Section 142(1) of the Income Tax Act, 1961 , empowers the Income Tax Department to issue notices to taxpayers when there are...

Nimisha Panda
4 days ago8 min read
2
0
Claiming Tax Deductions for 80G Donations and Handling Income Tax Notices for Incorrect Reporting
Donating to charity not only helps those in need but also provides a valuable opportunity for taxpayers to reduce their taxable income....

PRITI SIRDESHMUKH
4 days ago9 min read
0
0
Handling Penalties for Late ITR Filing Under Section 234F and Correcting Mistakes in Your Return
Filing your Income Tax Return (ITR) on time is essential to avoid penalties, interest, and other complications. Section 234F of the...

Rashmita Choudhary
6 days ago10 min read
3
0
How to Report Dividend Income in Your ITR and Handle Section 143(2) Scrutiny Notices for Misreporting
Filing your Income Tax Return (ITR) correctly is crucial for ensuring compliance with tax regulations and avoiding penalties. One common...

Rajesh Kumar Kar
6 days ago10 min read
41
0
Understanding the Role of Section 143(1) Notices and How to Respond to Errors in Your ITR
A Section 143(1) notice is a communication sent by the Income Tax Department to taxpayers after the initial processing of their Income...

Asharam Swain
6 days ago9 min read
10
0
bottom of page