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Previous Employer Salary Mismatch: How TaxBuddy Handles Income Tax Notices for Multiple Form 16s
Salary mismatches from previous employers often trigger income tax notices when the total salary reported in multiple Form 16s does not match the figures reflected in AIS or Form 26AS. These discrepancies commonly arise after job switches, employer reporting errors, or delayed TDS filings. Notices under Section 143(1) frequently appear when income from a previous employer is missing or incorrectly reported. Automated platforms such as TaxBuddy simplify the process by reconcil

Rajesh Kumar Kar
Jan 58 min read
Property Sale Not Reported: How TaxBuddy Manages Capital Gains and Income Tax Notices
Unreported property sales often trigger capital gains notices because the Income Tax Department cross-verifies transaction details through the Annual Information Statement and Form 26AS . When a sale appears in AIS but not in the return, the system flags a mismatch, leading to notices under Section 143(1) or detailed scrutiny under Section 143(2) . Capital gains must be calculated and reported in Schedule CG of the appropriate ITR form, regardless of taxable income after exem

Rajesh Kumar Kar
Jan 510 min read
Income Tax Notices for NRIs: How TaxBuddy Helps With AIS, NRE/NRO, and Foreign Income
Income tax notices for NRIs generally arise from mismatches in AIS, incorrect reporting of NRE or NRO account income, or missing details related to foreign income that trigger automated alerts under the Income Tax Act 1961. Most notices link back to unreported NRO interest, rental income, capital gains, or remittances that banks and institutions report through SFT. Any inconsistency between AIS and ITR leads to e-campaign messages or scrutiny. Platforms such as TaxBuddy offer

Rashmita Choudhary
Jan 59 min read
TCS on Foreign Travel and Big Purchases: How TaxBuddy Handles Income Tax Notices for Wrong Claims
TCS on foreign travel and big-ticket purchases often triggers income tax notices when the amounts reported in Form 26AS, AIS, or ITR fail to match actual remittances or tour package payments. Incorrect declarations in bank forms, wrong TCS claims, or unreported transactions under the Liberalised Remittance Scheme are common reasons for discrepancies. These mismatches prompt notices under Sections 143(1) or 143(2), requiring accurate documentation and timely correction. With r

Nimisha Panda
Jan 59 min read
Using the e-Proceedings Tab: How TaxBuddy Guides You to Reply to Income Tax Notices Online
The e-Proceedings tab on the income tax portal enables taxpayers to respond to notices online without visiting the tax office. It centralises all assessments, scrutiny notices, questionnaires, and communication from the Assessing Officer, allowing timely and organised submissions directly through the portal. The system helps reduce delays, ensures documentation accuracy, and offers a transparent view of pending actions. TaxBuddy enhances this process by guiding users through

PRITI SIRDESHMUKH
Jan 58 min read
Old vs Latest ITR Mismatch: How TaxBuddy Handles Follow-Up Income Tax Notices
Old vs latest ITR mismatches typically arise when the Income Tax Department identifies differences between the information reported in a filed return and the latest data received from banks, employers, or financial institutions. These mismatches often trigger follow-up notices, demanding clarification or correction. The core issue is usually traced to AIS, TIS, or Form 26AS variations that were updated after filing or inaccurately reflected in the original return. Understandi

Rajesh Kumar Kar
Jan 29 min read
AIS Mismatch Income Tax Notice and How TaxBuddy Resolved It Step-by-Step
An AIS mismatch income tax notice is issued when the income reported in the ITR does not align with data available in the Annual Information Statement, Form 26AS, or the Taxpayer Information Summary. With expanded digital reporting and tighter cross-verification, such mismatches have increased sharply in recent years. Interest income, salary discrepancies, capital gains, and high-value transactions are now auto-flagged through analytics. Let’s understand how an AIS mismatch n

Dipali Waghmode
Jan 28 min read
Rectification, Revised Return, or Updated Return: How TaxBuddy Chooses the Right Route After a Notice
Errors in an income tax return often surface only after an Income Tax Department notice, and choosing the correct corrective route determines whether the issue closes smoothly or escalates into penalties and prolonged scrutiny. The core pathways—rectification, revised return, and updated return—serve very different purposes and operate under strict legal timelines. Each mechanism applies to a specific type of mistake, and selecting the wrong one can complicate compliance inst

Rashmita Choudhary
Jan 29 min read
Interest Income Non-Reporting Notice: How TaxBuddy Identifies Missed Savings, FD, and RD Interest
Interest income non-reporting notices arise when the figures declared in the income tax return do not match the data captured in the Annual Information Statement. Savings accounts, fixed deposits, and recurring deposits are closely monitored through automated reporting by banks, and even small omissions can trigger alerts. As more taxpayers receive notices under Section 142(1) for unreported interest, the focus has shifted to accurate disclosure and pre-filing checks. TaxBud

Rajesh Kumar Kar
Jan 28 min read
How TaxBuddy Helps You Prevent Income Tax Notices with a Clean ITR for FY 2024–25
Income tax notices in FY 2024–25 generally arise from mismatched income details, incorrect TDS entries, unreported bank interest, or inconsistent disclosures in AIS, TIS, or Form 26AS. A clean ITR reduces the risk of notices under Sections 143(1), 143(2), 148, or other scrutiny triggers. TaxBuddy prevents these issues by validating every income source, auto-reconciling government-reported data, and highlighting discrepancies before submission. AI-based checks combined with ex

Dipali Waghmode
Jan 29 min read
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