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The Income Tax Department has started sending notices under Section 133(6) of the Income Tax Act for Assessment Year 2023-24 (AY 23-34) to salaried individuals asking for proof of deductions and exemptions claimed in the Income Tax Return (ITR) Form.

Income Tax Department sends notice to salaried Individuals asking proof of deductions claimed in ITR

Recently, many Taxpayers have received Notices U/S 133(6) of the Income Tax. One should Know what is Notice u/s 133(6) of the Income Tax Act, is it important to comply with the same, and how to comply with it.

Taxpayers recieve Income Tax Notice u/s 133(6): Know how to comply

Notice will be sent to Taxpayers against whom the Department is having Definitive Information of Income Tax Evasion.

Income Tax Department to issue notices to Non-Fillers of ITRs and TDS Dedutees

As per the CBDT order for waiver of Demand dated 13th February no remission will be made for Outstanding TDS/TCS Demands.

Settlement of Outstanding Income Tax Demand as per Budget 2024: Know the Process

Orders

As per the announcement made in FMs Budget Speech, recovery of the old outstanding demands up to INR 25,000 for the period up to financial year 2009-10 and up to INR 10,000 for financial years 2010-11 to 2014-15 shall be waived off.

CBDT to waive off tax demand capped at Rs. 1 lakh outstanding as of Jan 31, 2024 [Read Order]

For Section 44AD, the revised limit for opting Income Tax Presumptive Taxation Scheme from Assessment Year 2024-25 is Rs. 3 crore.

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Income Tax Department sends notice to salaried Individuals asking proof of deductions claimed in ITR

Taxpayers recieve Income Tax Notice u/s 133(6): Know how to comply

Income Tax Department to issue notices to Non-Fillers of ITRs and TDS Dedutees

Settlement of Outstanding Income Tax Demand as per Budget 2024: Know the Process

CBDT to waive off tax demand capped at Rs. 1 lakh outstanding as of Jan 31, 2024 [Read Order]

All About New Limits of Income Tax Presumptive Taxation Scheme For Section 44AD