🚨 Income Tax Department is sending notices for:
⚠️ Foreign stocks not reported in ITR
⚠️ Dividend income from foreign stocks not disclosed
⚠️ Undisclosed foreign assets
⚠️ Wrong claim of 80G / 80GGC deductions
⚠️ False deduction claims under 80G & 80GGC
⚠️ Donations claimed without proper eligibility
⚠️ High turnover but ITR not filed
⚠️ Income reported under the wrong head
⚠️ Wrong ITR form selected
⚠️ Significant transactions appearing in AIS/TIS
⚠️ Mismatch between AIS, TIS & Form 26AS
✅ Before filing, reconcile AIS, TIS & Form 26AS.
✅ Report all income correctly.
✅ Avoid incorrect deduction claims.
#IncomeTax#ITR#TaxNotice#AIS#TIS#Form26AS#TaxCompliance
!! Tax Guide !!
Dont rush to file your ITR just because the utility is available..
Wait until the TDS/TCS returns for the 4th quarter are filed and the corresponding data is reflected in your Form 26AS, AIS and TIS..
Banks, employers and other deductors report information through these returns, and filing your ITR before the data is fully updated may result in omissions, mismatches or the need to file a revised return later.
These statements continue to get updated as information is reported by banks, brokers, mutual funds and other institutions..
A mismatch between your return and the data available with the Income tax Department can lead to unnecessary notices, scrutiny or the need to file a revised return.
File early if your data is complete.But more importantly, file correctly.
#fixmytax#ITR#IncomeTax#TDS#TCS#AIS#TIS#form26AS#form16
Tax compliance isn’t just about filing—it’s about filing correctly.
✔️ GSTR-1 impacts your customer’s ITC
✔️ 26AS/AIS mismatch can trigger tax notices
Small checks today can save big troubles tomorrow.
#GST#IncomeTax#ITR#TaxCompliance#GSTReturns#TaxTips#AIS#Form26AS
ALT Before filing your ITR, have you checked your AIS, TIS & Form 26AS?
These reports contain income, TDS/TCS, dividends, stock & mutual fund transactions, and more. Ignoring them can lead to tax notices, demands, or penalties.
Don't file blindly. Verify first.
#ITR #IncomeTax #TaxFiling #AIS #Form26AS #TDS #PersonalFinance #InvestYadnya
Dear @nsitharaman@FinMinIndia, @nsitharamanoffc
I seek your kind intervention regarding a long-pending income tax issue.
On 10 April 2023, I paid an outstanding income tax amount of ₹60,236 for AY 2020–21. However, while making the payment, an incorrect Minor Head (108) was selected instead of Self-Assessment Tax (Minor Head 300).
Because of this, the payment is not reflecting in Form 26AS, resulting in a mismatch in my tax records.
Despite:
• More than 20 time visits to Hyderabad Aayakar Bhavan with all proofs.
• Several grievances raised through the Income Tax Portal
• Multiple calls with support teams the issue still remains unresolved.
The Jurisdictional Assessing Officer (#JAO) advised me to approach the #CPC team for rectification, as the system currently does not permit him for correction.
Even CPC team directed me to #JAOitself. After more than 3 years of continuous follow-ups, I sincerely request your support in resolving this matter.
#IncomeTax#TaxpayerGrievance#Form26AS#ITR#IndiaTax
🚨 Finally Live! ITR-1 & ITR-4 Filing Started Online 🚨
After a delay of almost 45 days, Income Tax Return forms ITR-1 & ITR-4 are now available for online filing. ✅
⚠️ Key Points to Take Care Of:
🔹 Check your AIS & Form 26AS carefully before filing
🔹 Ensure all TDS entries are correctly reflected
🔹 Match salary, interest, and other income details properly
📅 Important Due Dates:
✅ ITR-1 Due Date – 31 July 2026
✅ ITR-4 Due Date – 31 August 2026
⏳ Missed the Due Date?
You can still file a Belated Return up to 31 December 2026 with applicable late fee.
✏️ Made a Mistake in ITR?
You can revise your return:
✅ Up to 31 December 2026 – Without late fee
✅ Up to 31 March 2027 – With applicable late fee
📌 Verify AIS, Form 26AS, TDS & bank details properly before submission.
#ITR2026#ITR1#ITR4#IncomeTaxReturn#TaxFiling#AIS#Form26AS#IncomeTax#FinTaxPro#ITRFiling#TaxUpdate