Do you need to file ITR if you only incurred losses from equities or mutual funds? Check the detailsIndividuals earning below basic exemption limits (Rs 2.5 lakh old, Rs 4 lakh new regime) generally don't need to file ITR. However, mandato...
16 Jun, 2026, 11.21 AM IST
Income tax alert: These taxpayers could receive scrutiny notices by June 30, 2026 under Section 143(2)The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...
15 Jun, 2026, 03.57 PM IST
Income Tax Department issues ITR scrutiny guidelines: These ITR filers may face compulsory scrutiny in FY 26-27The CBDT has released new guidelines for compulsory income tax return scrutiny in FY 2026-27, impacting returns filed in FY 2025-26. Specif...
08 Jun, 2026, 01.39 PM IST
ITR assessment rules change from April 2026: Four key amendments explainedFour key changes to Income Tax Return (ITR) assessment rules will be effective from April 2026 for Tax Year 2026-27. These amendments, intr...
17 Apr, 2026, 06.46 PM IST
What is the password to open ITR processing confirmation file sent under Section 143 (1) by the income tax department?ITR intimation password: Upon processing your income tax return, the Income Tax Department sends a Section 143(1) intimation notice, a pass...
30 Apr, 2025, 04.34 PM IST
Income tax department to compare your last year ITR with current year’s ITR for any irregularities: How taxpayers will be impacted?Compare last year's ITR with the current ITR: The income tax department will check and match your current income tax return filed with the ...
25 Mar, 2025, 06.20 PM IST
Eight income tax notices a salaried individual can get before or after ITR processing: Know your optionsIncome tax notice: A salaried individual may get income tax notice, if their ITR has any error or they have found guilty of tax evasion, et...
19 Sep, 2024, 10.33 AM IST
Password to open income tax intimation notice under section 143(1)Tax intimation notice under section 143(1): After the Income Tax Department has reviewed a taxpayer's income tax return, it will get in tou...
22 Aug, 2024, 01.46 PM IST
What to do if intimation under section 143 (1) is received after filing ITR: How do I reply to income tax notice under section 143 (1)?How to read income tax intimation notice under section 143 (1): The intimation notice under section 143(1) of the Income Tax Act, 1961, wil...
20 Aug, 2024, 04.38 PM IST
Mandatory scrutiny of ITR: Income tax dept reveals the criteria how the ITRs will be selected for the scrutinyIncome tax return: The tax department has released a circular which outlines the criterias and procedure to be followed if a particular inc...
23 May, 2024, 04.30 PM IST
Pending income tax refunds relating to AY 2021-22 would be processed by this date; check email for confirmationIncome tax refund: The Central Board of Direct Taxes (CBDT) has said that individuals who are still waiting to get their tax refund for FY ...
07 Mar, 2024, 10.29 AM IST
How to handle income tax notices like a pro in five stepsOnce the income tax return is processed by the tax department, then they can send you a tax notice. The notice can be in the form of acknow...
21 Aug, 2023, 10.37 AM IST
Tax Queries: Taxpayers do not need to pay demand below Rs 100Every week, an expert selected by ET answers queries from our readers on income tax and other levies.
25 May, 2018, 12.00 PM IST
Tax queries: Do I need to pay outstanding tax demand if amount is less than Rs 100?The Government has issued a press note dated Jan 5, 2012, wherein it is clarified that demand of less than Rs 100 will not be collected fro...
28 Sep, 2017, 09.56 AM IST
Made a mistake in filing your ITR? Here's how to respond to the tax notice under Section 143(1)(a)A tax notice can be sent to you if there is any error in the tax calculation between the data given by you and the data available with the ...
23 Aug, 2017, 04.00 PM IST
When can the taxman send a demand notice?IT Department can send you notice seeking clarification on details provided, if they suspect discrepancy in proofs submitted for tax evasio...
14 Jan, 2014, 03.05 PM IST
- Notice must if block I-T returns rejected: SC
The Supreme Court has ruled that it is mandatory for the Income Tax Department to issue notice within the prescribed time limit of one year.
04 Feb, 2010, 05.59 AM IST