5 Major Reasons that May Invite Income Tax Notice
20 May 2025CA Pratibha Goyal
5 Major Reasons that May Invite Income Tax Notice
The Income Tax Return (ITR) filing season is already here. For individuals, Hindu Undivided Family (HUF), Association of Persons (AOPs), and Body of Individuals (BOIs), which are not mandated to obtain their accounts audited, the due date for filing ITR is 31st July 2025.
All the ITR Filing Forms for Financial Year 2024-25 have been notified by the government. Before utilities are released and Form 26AS and Annual Information Statement (AIS) are updated, Taxpayers need to gear up for the ITR Filing. Be careful in your return filing, as incomplete and incorrect information can invite an Income Tax Notice.