Tag Archives: Tax Filing

NEW INCOME TAX NOTICES 2025 ! File your Updated Return for A.Y.2022-23 ! ITR U NOTICES AND PENALTY

By | March 15, 2025

NEW INCOME TAX NOTICES 2025 ! File your Updated Return for A.Y.2022-23 ! ITR U NOTICES AND PENALTY File your Updated Return for A.Y.2022-23 These notices, specifically regarding filing ITR-U (Updated Income Tax Return) for Assessment Year (A.Y.) 2022-23 and the statement that “there is no valid ITR existing for your PAN,” are issued by… Read More »

Tax Audit Limits and Time Limits in New Income ax Act 2025

By | February 15, 2025

Tax Audit and Time Limits for completing a tax audit in New Income tax Act 2025 Tax Audit in New Income Tax Act 2025 : The Income-tax Bill, 2025 outlines specific time limits for completing a tax audit, which are connected to the financial year. The concept of a “tax year” is introduced in the new… Read More »