Income tax notice

Received a TDS mismatch notice? It could be an error—here’s how to resolve it

TheSpuzz Desk2 months ago07 mins

Source: Live Mint Tech professional Samir (name changed) was shocked to receive a tax demand of about ₹1.98 lakh related to his income tax return (ITR) filed for the assessment year 2024-25. According to the intimation 143(1) sent to him, the tax deducted at source or TDS on his salary reported in his form 26AS…

There’s been a surge in income tax notices. Here’s why, and how to respond.

TheSpuzz Desk2 months ago07 mins

Source: Live Mint There has been a marked increase in the number of income tax notices issued to taxpayers across India in recent months. These communications – on everything from defective returns to demands for additional taxes – have caused anxiety and confusion, especially among individual taxpayers. This article delves deeper into the reasons behind…

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Income tax notice

Received a TDS mismatch notice? It could be an error—here’s how to resolve it

There’s been a surge in income tax notices. Here’s why, and how to respond.