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News INCOME TAX

  • Sep 08, 2023
  • I-T Department sends out 22,000 intimation notices for mismatch ITRs filed for 2023-24: Report

    This year, 22,000 taxpayers, including high-net-worth individuals, salaried individuals, and trusts, have received notices from the Income Tax Department because their deductions don't match the information on their Form 16 or Annual Information Statement (AIS).

    According to a report in The Economic Times, all these intimation notices were sent for the tax returns filed for the assessment year 2023-24, and all the notices were sent in the last 15 days.