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When salary proofs like HRA rent receipts or LTA bills are not submitted to the employer on time, Form 16 often reflects higher taxable income. This mismatch does not go unnoticed. The Income Tax Department frequently flags such cases during processing and issues notices asking taxpayers to justify deductions claimed in the return. These notices are time-bound and require proper documentation through the income tax portal. Without a structured response, the issue can escalate

GSTR-9 and GSTR-9C form the backbone of year-end GST compliance, bringing together the full record of outward supplies, inward supplies, ITC claims, and audited financial data for the financial year. These annual returns help businesses confirm whether their monthly and quarterly filings match the books, preventing mismatches that may trigger notices. As FY 2024–25 closes, accurate reconciliation becomes essential for avoiding penalties and ensuring transparent reporting. Ma

GSTR-1 and GSTR-3B sit at the heart of GST compliance, and both returns must mirror each other for accurate tax reporting. GSTR-1 captures outward supplies in detail, while GSTR-3B presents a monthly summary of tax liabilities and eligible input tax credit. When these two returns fall out of sync, automated notices, mismatches in ITC flow, and potential penalties begin to surface. Businesses rely on timely reconciliation to ensure that sales data, tax liability, and ITC clai

Agricultural income is exempt under section 10(1), yet mixing it with salary, business income, or capital gains often leads to scrutiny and avoidable tax notices. Misreporting, incorrect ITR selection, missing land details, and AIS mismatches are common triggers. Understanding what qualifies as agricultural income, how partial integration works, and how to report mixed income correctly helps prevent issues before they surface. Digital platforms such as TaxBuddy simplify this

Loss set-off and carry forward mistakes are among the most common triggers for income tax notices in India. Errors often arise when losses from business, capital gains, or house property are misreported, claimed against ineligible income heads, or carried forward without meeting statutory conditions. Notices under Section 143(1) or 142(1) typically appear when AIS or Form 26AS data does not match the figures reported in the return. Accurate verification and correction are ess

Property value vs income mismatch notices arise when the reported income profile does not align with the value of a purchased or sold property. The Income Tax Department now cross-verifies registrar data, AIS entries, SFT reports from banks, and loan information to detect gaps between disclosed income and high-value property transactions. As digital monitoring expands, mismatches are flagged more frequently, especially when capital gains, rental income, or funding sources are

Refund re-issue notices appear when the Income Tax Department fails to credit a refund due to issues like invalid bank details, non-pre-validated accounts, or mismatched information in the taxpayer’s records. Understanding why refunds fail, how to track their progress, and the steps needed for correction ensures quicker resolution. The online system allows seamless requests, yet errors in bank validation or AIS/TDS data commonly delay payouts. Platforms such as TaxBuddy simp

Foreign Tax Credit claim notices arise when foreign income or tax paid abroad does not match the information reported in Form 67 or the income tax return. These notices typically highlight gaps in documentation, errors in DTAA applications, incorrect foreign tax reporting, or delays in submitting Form 67. Accurate foreign tax details, timely filing, and proper evidence are essential to ensure FTC approval. TaxBuddy plays a key role by reviewing Form 67 and related attachmen

GST registration in India follows a structured online process where businesses submit identity details, business proofs, and verification documents to receive a GSTIN. Approval generally takes around seven working days when information is accurate and authentication is completed without discrepancies. Delays usually occur due to mismatched documents or incomplete submissions. Platforms like TaxBuddy simplify this journey by organising documents, preventing filing errors, an

Online GST return filing in India requires accurate reporting of sales, purchases, and tax liabilities through returns such as GSTR-1, GSTR-3B, and GSTR-9. The process demands precision because the GST portal directly cross-verifies taxpayer data with income tax systems, bank statements, and vendor filings. Errors like mismatched turnover, incorrect HSN/SAC codes, or inconsistency between GST and ITR data often lead to notices or delayed processing. TaxBuddy supports busines