News & Media 15th Sep 2023
Recently, individuals have received an income tax intimation notice asking them to explain why had they claimed a higher amount of deduction than mentioned in Form 16 or Annual Information Statement (AIS). The income tax department has also said that if the explanations are not satisfactory, then a tax demand notice will be sent.
Against this backdrop, our Partner Mitesh Jain, has been quoted in an article What to do when you get an income tax notice for claiming higher deductions in ITR? published by The Economic Times
Read the article here: Click here