Articles by Mayank Goyal

10 Reasons Why an Income Tax Notice maybe issued to you!

Mayank Goyal 11 May 2020 at 10:56

Worry is a side-effect of an Income Tax notice being issued in your name but just a notice doesn't conclude anything. One may get the notice due to multiple reasons which could include not filing the return on a timely basis, calculation errors, improper reporting of income (not concealment) or even claiming excessive losses.

Posted in Income Tax | 17385 Views

How to check the authenticity of a notice from Income Tax Department?

Mayank Goyal 11 May 2020 at 10:55

If you have received any Income Tax notice, please make sure it carries a document number as now every notice/document/communication issued by the Income Tax Department shall carry a document number. To avoid any miscommunications, it is better to check for its integrity.

Posted in Income Tax | 1575 Views