Income Tax Notice ⁽⁵⁾

Why crypto traders are receiving FEMA notices? Many Crypto Traders engaged in USDT Arbitrage Trading are receiving FEMA notices. Many of these traders are receiving notices for transactions done back in FY 2017-18. And in all the cases these traders had used LRS scheme to…

Today we will discuss how one should go about to respond to Notice under section 148 of Income Tax Act India? Notice under section 148 can be issued within 4 years from the end of relevant assessment year if the income escaped does not exceed…