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"Why You Get Income Tax Notices: Common Reasons and Remedies"Income tax notices can leave taxpayers in a state of panic. When receiving such a suggestion, it is important to remember that it is not always a bad thing. Notices are usually issued by the Income Tax Department (ITD) for a…

"Understanding Income Tax on Gifts Received in India: Rules, Exceptions, and Valuation"As an Indian taxpayer, it's important to understand the tax implications of receiving gifts. Whether you're receiving gifts from family members, friends, or business associates, there are certain rules and regulations you need to be aware of in order…