Why will I get an Income Tax Notice?

Why will I get an Income Tax Notice?

Executive Summary – You might get a tax notice if you do not follow the process of filing returns properly or make mistakes in the form. If you pay an incorrect tax amount or conceal high value transactions or have sudden changes in your income or investments,...

Changes in IT Return Forms

Executive Summary – The Central Board of Direct Taxation(CBDT) had made some changes regarding filing of income taxes. These include a new optional EVC code verification, new rules for income earned abroad and assets held outside India, disclosure of details of...