Be on the lookout for emails from the Income Tax Department regarding your larger financial dealings. These are friendly ...
Emails about high-value transactions in Annual Information Statements nudge people on compliance processes, say experts ...
The Income Tax Department has exposed a nationwide network of agents facilitating fraudulent tax deductions and exemptions, leading to illegitimate refunds. Sophisticated data analytics and ...
Every year several taxpayers wait anxiously for their income tax refunds to get credited to their bank account. For many, the refund is not just a financial formality but a crucial cash flow component ...
The Income Tax department is alerting taxpayers via SMS and email to update their returns and withdraw incorrect claims, ...
The Income Tax Department has intensified its data-driven ‘NUDGE’ campaign, alerting taxpayers about mismatches between ITRs ...
Most income tax notices involve minor mismatches or routine verification and can be resolved by submitting clarifications or documents. Key takeaway: timely response avoids unnecessary ...
ITR Refund Delay: The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ended on September 16, 2025. While most ...
The CBDT has nudged taxpayers to voluntarily withdraw bogus deduction claims after uncovering fake donation rackets and ...
Submit response with supporting proof such as challans, Form 16, etc.