Didn’t file ITR in past? You may get tax notices from I-T department u/s 148A as it has identified high risk non-ITR filers
This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...
Latest ATO crackdown puts small businesses on notice for tax time
Contractors omitting income, small businesses misunderstanding major ‘bonus’ deductions, and dodgy GST make up the latest ...
Filing Your Tax Returns? Here’s What NOT To Do
Don’t let last-minute tax filing cost you money! From choosing the wrong ITR form to missing deductions, here are the biggest ...
Missed Filing ITR Over The Last Few Years? Income Tax Department Targets Non-Filers, Issues Notices Under Section 148A
The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the ...
India Today on MSN2d
Skipped filing ITR? You may get a tax notice very soon
The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department.  This system ...
Planning to submit fake rent receipts to claim HRA? Here’s how Income Tax dept catches fraudsters
Experts warn that those caught could face a penalty of up to 200% of the misreported amount under Section 10(13A) of the ...
Income Tax Dept Cracks Down On ₹4,500 Crore Dubious Political Donations, Sends Notices To 9,000 Donors
The Income Tax (IT) department has cracked down on dubious political donations, issuing several hundred notices with a long ...
CNBCTV181d
Tamilnad Mercantile Bank receives ₹59 crore Income Tax demand notice for AY 2017-18
Private sector lender Tamilnad Mercantile Bank Ltd on Tuesday (March 11) said it has received a Notice of Demand under ...
LiveLaw2d
Income Tax | Whether There Was Proper Notice Or Not Is Disputed Question Of Fact, Can't Be Challenged Under Article 226: Kerala High Court
The Kerala High Court stated that the issue as to whether there was a proper notice or not is a disputed question of fact and ...
BMC notice to 31 holding tax defaulters
BHUBANESWAR: The Bhubaneswar Municipal Corporation (BMC) has identified 31 big holding tax defaulters, whose combined dues ...
Defence MSMEs undertaking R&D receive GST notices, dub them as “tax on innovation”
Private starts-ups and other MSMEs are receiving notices to pay 18 per cent taxes under the CGST Act on funding received from ...
The Post-Journal4h
Busti Undertaking Tax Reassessment
The town of Busti is in the process of conducting a town wide revaluation for the 2025 tax year. Over time, the value of property changes, depending on sales, condition, location, etc. Some values ...