IT Department
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BreakingTaxpayers Alerted on Undeclared Foreign Assets; July 31 Deadline Nears
The Indian Income Tax (I-T) Department is sending alerts to taxpayers regarding undeclared foreign assets, prompting a review of overseas holdings before the July 31 income tax filing deadline. Taxpayers are encouraged to reconcile discrepancies identified through I-T portal data and SMS alerts to ensure compliance.
BreakingIncome Tax Refund Delayed? Section 245 Notice Means Demand Adjustment
If you've received a Section 245 notice from the Income Tax Department, it means your tax refund might be used to clear an old tax demand. You can check the demand details online and choose to accept or dispute it within the stipulated time.
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