Fixed deposits (FDs) are one of the most popular investments in India. They are safe, provide steady returns, and many taxpayers park their savings here. But when it comes to taxes — especially how Income Tax Department tracks FD interest income — most people have questions. In this blog, we explain how your FD interest comes … Read more
Income tax refund is money that you get back when you pay more tax than required during the year. Many people wait for this refund to manage expenses, savings, or investments. But in reality, getting an income tax refund is not always smooth. Many taxpayers face delay, rejection, or notices. That is why income tax … Read more
Receiving an income tax notice can be stressful, especially when it arrives unexpectedly in your email or on the income tax portal. Many taxpayers immediately fear penalties or legal trouble. However, the truth is that most income tax notices are routine and easily resolvable. If you’ve received an income tax notice, don’t panic. Let’s understand … Read more
Income Tax Return (ITR-3) is usually filed by individuals and HUFs who have business income, professional income, capital gains, or multiple income sources. However, many taxpayers receive a message or notice from the Income Tax Department about an “ITR-3 mismatch”.This mismatch may lead to ITR processing delay, additional tax demand, or even a compliance notice … Read more