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Tag: income tax notice

Income Tax in Media

After spate of I-T notices, Clean Ganga mission seeks change in PAN status

byAdmin25/01/202425/01/2024

A spate of income tax notices has prompted the National Mission for Clean Ganga (NMCG), the Centre’s nodal agency responsible…

Income Tax in Media

I-T uses fine-tooth comb to nab both employers & employees for TDS-claims mismatch

byAdmin27/12/202327/12/2023

A mismatch between what an employer computes and what an employee claims can drag both under the taxman’s glare. The…

Income Tax in Media

I-T notices to those who have filed returns

byAdmin18/12/202318/12/2023

Income tax department has issued notices to institutional taxpayers to file returns, but notices have gone even to those who have completed the procedure before the due date.…

Income Tax in Media

Moonlighting employees under tax scanner

byAdmin09/08/202309/08/2023

The income-tax department has sent notices to many professionals who have earned income outside their regular salary but did not…

Income Tax in Media

Top 5 Reasons for Receiving Income Tax Notices and How to Avoid Them!

byAdmin25/02/202325/05/2024

Don’t be shocked if you get a notice from the Income Tax Department requesting information about a transaction or evidence of income. Let’s look at why you could get an income tax notice and how you might prevent it.

Income Tax in Media

Housekeeping staffer in Thane earning Rs 10,000 gets tax notice for Rs 1 crore China deal

byAdmin06/02/202306/02/2023

Here’s a curious tale involving the common man, a con man and the taxman. A housekeeping worker, formerly a security…

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