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DEFECTIVE TAX NOTICE
GSTAT extended relaxed scrutiny guidelines for filing appeals till December 31, 2026; Know how this helps taxpayersThe Goods and Services Tax Appellate Tribunal (GSTAT) has extended its relaxed scrutiny guidelines for filing appeals until December 31, 20...
ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
What crypto investors need to know for tax season 2026India's tax season now demands greater scrutiny for crypto investors as enforcement intensifies. New reporting requirements, including tran...
ITR filing 2026: 9 key checks every taxpayer must make for AY 2026–27India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...
Gaming firms face ₹2.5 lakh crore exposure as Supreme Court upholds 28% GST on betting valueThe Supreme Court has made headlines with its ruling, requiring online gaming platforms to pay a hefty 28% GST on the entirety of the bet v...
No more technical escapes? Finance Bill 2026 pushes taxpayers to fight cases on meritsThe Finance Bill 2026 introduces significant changes to tax litigation in India. Tax cases will now be decided based on facts and merits, m...
Any mistake in the Income tax order will not nullify provided it contains DIN, says Budget 2026Budget 2026 clarifies that assessment orders under the Income Tax Act will not be invalidated due to mistakes or omissions if a Document Id...
How to check income tax refund status via PAN card?ITR Refund Status Check: Many taxpayers are experiencing delays in receiving their Income Tax Return (ITR) refunds this year. The Income Ta...
12 lakh ITR filers for FY2023-24 have not got tax refund despite income tax dept releasing it: Check how to fix issueITR filing: No tax refunds was paid to 12 lakh Income Tax Return (ITR) filers for AY 2024-25 despite 3.94 crore verified ITRs claiming tax ...
Income Tax Department regrets issuing erroneous notices to taxpayers: Know the detailsIncome Tax Dept sent wrong tax notice to many: The tax department has erred in sending notices to many taxpayers for defective income tax r...
KSCAA writes letter to income tax dept about taxpayers being wrongly charged late penalty for ITR filingIncome tax department: KSCAA has reported that the tax department has been erroneously processing many income tax returns (ITRs) and even i...
Defective ITR: How to respond to defective tax return notice under section 139(9)?
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...
More taxpayers getting defective ITR notice from tax dept this year; How to rectify the defectDefective ITR: Chartered accountants report that many of thier clients have received defective ITR notices this year. As per Amit Bansal, P...
Made false deduction claim in ITR? Income tax dept wants employees to rectify this and pay the due tax or be ready for penal actionIncome tax deduction: Incase you have mistakenly claimed a incorrect or wrong tax deduction or exemption and thus as a result your tax liab...
What is a defective income tax return (ITR), how to correct itA taxpayer will get a notice pertaining to his/her return being classified as defective due to many possible reasons like PAN name mismatch...
IT wing unearths wilful default by Tamil Nadu based cooperative bank causing loss to exchequerAccording to the department's Intelligence and Criminal Investigation wing, financial institutions, banks, and cooperative banks are suppos...
Filed your income tax returns? Tax notices that you may get and how to deal with itHere are some sections of the IT Act under which you can get a tax notice. ET Wealth tells you what to do if you get one.
Returns filed by FIIs and FPIs without balance sheet not to be treated defective: CBDTThis would apply to FIIs/FPIs who are registered with Sebi, have no permanent establishment in India or have provided requisite information.
- Got an I-T notice? No need to panic
The income tax authorities for various reasons may issue a tax enquiry notice. Sometimes you may also receive a notice despite filing your ...