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SECTION 245 NOTICE
Income Tax Department finds Rs 5 crore cash in his house; Know how a 2008 circular saved him from prosecutionThe Supreme Court overturned Krishnaswami's tax evasion prosecution, citing the Income Tax Department's violation of its own circulars. The...15 Sep, 2025, 11.04 AM IST- Got an income tax notice? Here are common types of tax notices and what to do to avoid penaltiesIncome tax notices can be daunting, but understanding them is crucial. The Income Tax Department issues various notices for reasons like mi...02 Jun, 2025, 11.26 AM IST
- Don’t be surprised if you get lesser income tax refund this year, the income tax dept is adjusting past dues against this year’s refundIncome Tax Notice: "Since there are pending assessment / re-assessment proceeding in the case of taxpayer, the refund release/withhold will...15 Apr, 2025, 12.04 PM IST
- March 31, 2025, is deadline to claim pending TDS credit for these past years: Ask bank, deductor to revise TDS returnTDS credit: March 31, 2025 is the deadline to file a revised TDS return for FY 2007-08 to 2018-19. What this means is if you have any pendi...06 Feb, 2025, 11.09 AM IST
- 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...04 Dec, 2024, 04.19 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
- ITR refund status FY2023-24: 4 different income tax refund statuses; 8 reasons for refund failureITR refund status:If you have paid an excess of tax for a specific financial year, you should anticipate receiving a refund on your income ...29 Aug, 2024, 02.32 PM IST
- Budget 2024: The time limit for which income tax reassessment can be done is reducedBudget 2024: Time limit for reassessment is proposed to be reduced from ten years to five years. It is also proposed to withhold refund up ...25 Jul, 2024, 03.36 PM IST
- All outstanding personal tax demand notices up to Rs 25,000 withdrawn till FY 2014-15 in Budget 2024Withdrawal of outstanding income tax demands: The new announcement has been made in the Budget 2024 will benefit one crore taxpayers.02 Feb, 2024, 11.21 AM IST
- Budget 2024: ITR portal should be made more user-friendly including tax notice intimation; voices industry expertsBudget 2024: Experts opine that the income tax return (ITR) portal be made more user-friendly and a system be in place to check all the not...25 Jan, 2024, 01.05 PM IST
- Got an income tax notice for an old incorrect tax demand? Call this new helpline of tax dept for free helpIncome tax department has launched a facility called 'Demand Facilitation Centre' (DFC) for helping people solve their pending tax outstand...20 Dec, 2023, 11.30 AM IST
- Waiting for income tax refund? You might not get it if tax department has sent you this noticeThe income tax department will not disburse the income tax refund either in full or part if they have served an individual with a section 2...27 Oct, 2023, 05.11 PM IST
- Six income tax notices a salaried individual can getAn income tax notice is an official communication from the income tax department. It is not a cause of worry if an individual reads the not...17 Aug, 2023, 10.18 AM IST
- Income Tax department reduces time for taxmen to decide on refund adjustmentAccording to the Directorate of Income Tax (Systems) notice, the time limit of 30 days made available to the assessing officers has been re...04 Dec, 2022, 06.33 PM IST
- Under which Section have you got an income tax notice?Don’t be intimidated by a tax notice. Find out what each Section stands for and the reason you got it.19 Jul, 2016, 04.18 PM IST
- Issue up to Rs 5,000 refunds fast and quick: CBDT to I-T deptIt added that latest data with the CBDT suggests there are "large number" of non-scrutiny cases pending refunds upto Rs 5,000, for Assessme...14 Jul, 2016, 10.28 PM IST
- CBDT halves Income Tax refunds issue timeline to 15 days for this fiscalThis is a one-time measure to clear the backlog of refunds and accordingly the reduced timeline of 15 days shall be valid only till March 3...07 Mar, 2016, 07.37 PM IST
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