Latest News

FATCA Notices

Many tax payers started receiving email/paper notice directly from Intelligence and Criminal Investigation wing of Income Tax India for non declaring their foreign dividend and stock transaction income.

Compliance Notices

Department has started sending out emails/letters to non return filers based on information tracked by department about credit card, income, bank transactions etc.

Demand Notices, E-Proceedings

Department has introduced facility to provide online responses to outstanding tax demand notices. However rectification will be remain either with CPC or Assessing officer as per case

2014,2013 Non Filers

In 2014,2013, Income Tax Department has issued letter to more than 34,29,296 individuals who failed to file income tax return but carried out high value transactions as tracked by department.

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