Businesses and tax deductors must file Q1 TDS and TCS returns by July 31, 2026 using the new return forms and revised section ...

Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. The person making the payment deposits the deducted tax with the ...

The e-Nivaran facility allows taxpayers to raise and track income tax grievances online through a structured process. Both ...

The taxpayers who want to revise their ITR got some relief. Earlier, they could file their revised ITR till December 31 of the assessment year; now, they can do that by March 31, 2027. This means a ...

Taxpayers should still claim the TDS credit in their ITR even if it is missing from Form 26AS or AIS, say experts. The Income ...

An ITAT ruling reinforces that salaried employees cannot be asked to pay tax twice if their employer deducts TDS but fails to ...

With the July 31 income tax return (ITR) filing deadline approaching, crypto investors should review their tax records carefully before filing returns. Under Section 194S of the Income Tax Act, a 1% ...

Taxpayers with multiple Form 16s, learn to reconcile them for accurate Income Tax Return filing and avoid notices from the ...

Taxpayers should keep the demat account statement, broker contract notes, annual tax statement, dividend statement, and AIS/Form 26AS extracts. Taxpayers should be aware that income tax rules apply ...

The I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax return filing more important than ever. For most taxpayers, ...