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Form 26AS provides important details about taxes deducted, collected, and deposited with the government tax authorities by authorised deductors and collectors. On that note, check out the 10 crucial ...
The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed numbers for Form 16 (TDS on salary) and Form 26AS (AIS) among others. Here's all ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
Before filing your Income Tax Return (ITR), cross-verifying Form 26AS is required. It's a tax report that summarizes all tax transactions during a financial year—i.e., TDS, TCS, advance tax, and ...
Income Tax: The last date to file income tax return (ITR) of September 15 is drawing closer. This is the time to hurry through your return filing process but carefully. While filing your income tax ...
Major changes are on the horizon for taxpayers as the government prepares to implement the new income tax framework from ...
Filing income tax is a process that needs proper caution and attention, and any minute mistake may make the process ineffective. This is the reason why taxpayers are suggested to cross-check the ...
If you are an employee drawing a salary, Form 16 is often your key form to file income tax return. Discrepancies between Form 16 and your aggregate tax credit statement, Form 26AS, can land you in ...
In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...