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Income Tax Notice

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  • I-T dept sends draft notice to Jane Street, seeks response on denial of treaty benefits for Rs 20,000 cr worth of F&O market gains

    If this draft notice holds up, the HFT trader may see additional tax out of upto Rs 7,000 crore, say tax experts.

  • HUL challenges Rs 962-cr tax demand for ‘Horlicks’ deal with GlaxoSmithKline with Tax Commissioner

    Tax uncertainty on trademark transfers continues to create confusion amongst foreign companies

  • Bank of India receives Rs 1,128 crore tax demand order

    BOI has stated that it is currently in the process of lodging an appeal with the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre (NFAC) against the order.

  • Don’t panic when you get an income-tax notice. Here’s what you need to do

    A notice from the I-T Department doesn't necessarily mean you've done something wrong. It could be a routine communication but it's essential to act promptly.

  • Received income tax notice under section 143(1)(a)? here’s how to deal with it

  • Here's how you can legally claim tax relief on HRA receipts

  • Tackling notice from tax department for not filing of IT return

  • All you should know about income tax scrutiny

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