Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

Taxpayers who find that the tax deducted from their income is likely to be higher than their actual tax liability may soon have an easier way to seek relief. The Income Tax Department is preparing ...

Businesses and tax deductors preparing to file their first-quarter TDS and TCS returns for Tax Year (TY) 2026-27 will need to adapt to a new compliance framework under the Income-tax Act, 2025. The ...

The Budget 2026 provision will allow payees to apply online using data from tax returns, AIS, TIS and Form 26AS, reducing excess deductions and refund claims.

Tax Deducted at Source (TDS) is a mechanism through which tax is collected in advance. Under this system, the payer deducts a specified amount of tax before making payments such as salary, bank ...

The Delhi High Court asked the Centre to respond to a PIL that is seeking automatic TDS refunds for individuals with no tax ...

The 2026 ITR season has exposed major tax reporting gaps among crypto investors, with many mistaking TDS for their final tax ...

AI Quick Read As income tax return (ITR) filing for assessment year (AY) 2026-27 gathers pace, many salaried taxpayers are relying on Form 16 issued by their employers to prepare their returns.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...

The Delhi High Court on Wednesday sought the response of the Central Government on a public interest litigation (PIL) seeking ...

A division bench of Chief Justice Devendra Kumar Upadhyaya and Justice Tejas Karia issued notice to the Union of India, the ...