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News INCOME TAX

  • Mar 11, 2025
  • Missed Filing ITR Over The Last Few Years? Income Tax Department Targets Non-Filers, Issues Notices Under Section 148A

    The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the Income Tax Assessing Officers (AO) will send tax notices under Section 148A and other appropriate measures to tackle them.
    If your income falls into the taxable income bracket and yet you have not filed your Income Tax Return (ITR) in previous years, you might land yourself in trouble as the Income Tax Department has identified individuals who fall under this category of non-filers.
    The department has listed such individuals with undisclosed income subject to income tax and accordingly, the Income Tax Assessing Officers (AO) will send tax notices under Section 148A and other appropriate measures to tackle them.