Intimation Notice News Today

Income tax refund: Individuals who have pending income tax refund due to the fact that their income tax return (ITR) was not processed by the income tax department would now get their income tax refund by April 30, 2024. However not all individuals would get tax refund, read here to know who gets and who does not.

The Supreme Court, on Wednesday, stayed for three weeks the judgment of the Karnataka High Court which had quashed the GST Intimation Notice to the tune of Rs 21,000 crore and had held that...

Once the income tax is filed and verified, then an individual waits to get the income tax refund (if any due). However, not many people are aware of the time it takes to get the income tax refund from the income tax department. Read on to know what income tax laws say about it.

SC decision on distinguishing games of skill from chance will shape taxation

After processing your income tax return, the tax department must state in your intimation notice that you have an income tax refund due. If the income tax refund is due to you as per the income tax department, then here are the steps you must follow to check the income tax refund status.

It is important that an individual reads this income tax notice. This is because this notice informs you whether the income tax calculation you gave in your ITR matches that of the tax department as per their information. Read on to know how to read this income tax notice and the information that must be checked.

IR Filing 2023: While filing the ITR, it is important to make sure that you have mentioned the correct bank account number and IFSC code.

The Karnataka High Court has quashed the GST Intimation Notice to the tune of Rs 21,000 crore and held that online/electronic/digital Rummy games and other Online/Electronic/Digital games played on...

Synopsis As per a government press note in 2012, if the amount of income tax refund or tax payable is this much, then you are neither liable to pay such tax demand amount nor will you receive such refund amount in your pre-validated bank account. Getty Images Sec 143 (1) notices sent by the income tax department to taxpayers after processing their returns also indicate the above in cases where there is a refund or tax demand of less than Rs 100. Did you get an intimation from the income tax dep...