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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...

A Section 156 Demand Notice is an official communication issued by the Income Tax Department when a taxpayer owes any tax, interest,...

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

Receiving an Income Tax Notice for TDS mismatch can be alarming for any taxpayer. Such notices arise when the TDS claimed in your Income...

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

Income tax notices are official communications sent by the Income Tax Department to taxpayers regarding discrepancies, verification, or...

Taxpayers in India are increasingly receiving income tax notices triggered by discrepancies in their Annual Information Statement (AIS)....

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

A Section 142(1) notice is an official communication from the Income Tax Department seeking clarification on discrepancies or incomplete...