I-Tax Notices to Sr Executives Earning Above Rs 50 Lakh
I-Tax Department issues notices to executives earning over Rs 50 lakh for alleged foreign asset non-disclosure, crypto income gaps, and inflated deductions.
Tag: Scrutiny
Finance Bill 2026: Jurisdiction to Issue Reassessment Notices Clarified
Finance Bill 2026 clarifies that reassessment notices under sections 148 and 148A must be issued by jurisdictional Assessing Officers, not faceless assessment units.
UP Labourer Gets Rs 7 Cr Income Tax Notice: Types of I-T Notices Explained
A UP labourer receives a ₹7 crore income tax notice. Here’s what income tax notices mean, common types, and how taxpayers should respond.
How GST Scrutiny Changed: IMS Audit Readiness/ Litigation Strategy Explained
Understand how IMS has changed GST audits, the new types of notices taxpayers face, and how to build a strong audit and litigation strategy.
NRI Tax Notices: Why Form 10F is Crucial for DTAA Benefits
NRIs claiming DTAA benefits are receiving tax notices for non-filing of Form 10F. Learn why, how to respond, and how to avoid this tax issue in future.
FM Directs CBIC to Introduce Automated GST Return Scrutiny
Union Finance Minister Smt Nirmala Sitharaman chairs a comprehensive review meeting with CBIC, focusing on trade facilitation, taxpayer services and technology-driven solutions to enhance revenue achievement and combat tax …
NRIs Tax Filings under Scanner: Closer Scrutiny of Investments & Transactions
NRIs need to be cautious while filing their tax returns in India, as the taxman is scrutinizing their transactions and suspecting due taxes may not have been paid. Ensure …
IT Notices To 8K Donor Taxpayers for Claiming Large Deduction
Income Tax Department has issued notices to about 8,000 taxpayers who have claimed deduction for large amounts of donations to charitable trusts. Learn more!