A fake WhatsApp message impersonating the Income Tax Department is being circulated to taxpayers across India. The message ...

Beware of fake Income Tax emails sent from QQ Mail or Gmail IDs. Learn how to identify phishing scams, verify genuine notices ...

Taxpayers should always verify an Income Tax notice before responding. Using the PAN or Document Identification Number (DIN) ...

One important thing to understand is this: In the current compliance environment, tax notices are increasingly driven by data ...

Matching AIS and Form 26AS may not prevent a tax notice. Wrong income details, excess deductions, large transactions or TDS ...

Large or unusual transactions may be reviewed more closely when they do not fit the taxpayer’s declared income pattern. So a ...

Based on the given case law and the relevant assessment year, before issuing a reassessment notice under section 148, the ...

A Mumbai ITAT ruling has held that the Income Tax Department cannot tax a property buyer merely because their name appears in ...

The Income Tax Department has sharpened its use of artificial intelligence and data analytics. Income tax filing now focuses on data matching using AI and analytics to detect mismatches Returns are ...

Foreign investors who have merely purchased shares in Indian companies without earning any dividend, interest or capital gains are reportedly receiving reassessment notices from the Income Tax ...