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After you file your Income Tax Return (ITR), the Income Tax Department runs a preliminary check to verify your submission. Based on this review, it sends you an automated notice under Section 143 ...
ITAT Ahmedabad allows Section 11 exemption and quashes late filing fee for Shiksha Foundation, citing timely audit and ...
The Bombay High Court stated that the assessee cannot be penalised under Section 271(1) (c) of income tax act for merely ...
Understand the importance of correct formats for Section 143(2) scrutiny notices. Learn how non-compliance impacts tax assessments, referencing CBDT guidelines and recent tribunal ...
Tax experts say revising your ITR is allowed, but frequent or significant changes may raise red flags with the department's ...
The Income Tax Appellate Tribunal Chennai stated that transferor not liable under Section 56(2) Of Income Tax Act for ...
Income Tax: To encourage voluntary compliance, Government of India, in Finance Act 2025, extended the time limit to file the updated return from 24 months to 48 months from the end of the relevant ...
Important facts to keep in mind: Section 143(1) is a simple communication issued after processing of ITR is completed. Common triggers include TDS mismatches, mistakes in deductions, or missed income.