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16/11/2017
The most often reason for a Non Resident Indian (NRI / PIO / OCI) based in UK, US, UAE/Middle East and Singapore, to get an Income Tax Notice from India is:
Income Tax Notice due to Non-Filing of Income Tax Returns.
Read more ... 16/11/2017
The Income Tax Department has extended the deadline to link with the Aadhaar by 31st of December, which is good news for the taxpayers. Earlier, the department had said that the tax returns filed without linking of Aadhaar and PAN would not be taken up for processing unless the two were linked by 31st of August, 2017.
18/06/2017
Filing income tax returns by the due date is crucial, but equally important is to file these correctly. If you don't do so, expect a notice from the Income Tax Department. What should you do if you get one? Firstly , don't panic. Next, understand the section under which you have received it and how you should respond to it. Here are some of the common sections under which people get notices and what these mean.
Section 139 (9)
16/11/2017
As the deadline of linking Aadhaar with PAN has come to an end by the 31st of August, it is essential to check if your PAN is still active.
Recently, over 11 lakh PAN cards has been deactivated by the Income Tax Department to fetch out fake and duplicate PANs. The main targets are the individuals who are having multiple PAN cards and those with PAN cards issued under fake documents. Blocking fake PAN cards can help the government restrain identity theft and purchase of benami properties
