Income Tax Notices Explained: Understanding 143(1), 139(9) & 245 Notices in Simple Terms

Income Tax Notices

Receiving income tax notices can be stressful, especially if you are not sure what it means or what action is required from your side. Many taxpayers panic the moment they see an email or SMS from the Income Tax Department. However, not every income tax notice is bad news. Some notices are purely informational, while … Read more

High Court Orders IT Department to Streamline GST Input Verification Process

The recent directions issued by various High Courts to the IT Department regarding GST input verification have major implications for taxpayers, especially businesses claiming Input Tax Credit (ITC). With growing disputes, delayed refunds, and mismatches between GST and income-tax data, the judicial intervention aims to bring consistency, transparency, and fairness into the verification process. In … Read more