From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Businesses must use the correct forms based on the transaction date to avoid ...
ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.
Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate ...
Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to ...
ITR filing FY 2025-26: The tax returns filing season is here and ahead of the July 31, 2026 deadline, taxpayers are compiling important documents that are needed every year to file the income tax ...
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 ...
ITR Filing: Filing a return has become simpler, it has also become easier to make mistakes. Taxpayers must file ITR for FY 2025-26 with updated forms and reporting rules Gather documents like Form 16, ...
Tax authorities have identified thousands of cases in which taxpayers allegedly altered deductions or exemptions when ...
One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the ...