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.
Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...
Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...
The due date for filing Tax Deducted at Source (TDS) return for the period of January to March is May 31. Since it takes one to two weeks for Form 26AS to get updated, a good time to file the Income ...
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 ...
Form 26AS is primarily a tax credit statement reflecting taxes deducted or collected against a taxpayer’s PAN, including TDS, ...
Banks are mandated to deduct Tax Deducted at Source (TDS) under the Income-tax laws if the total interest earned on deposits ...
Mumbai: In a peculiar case, income-tax officials during reassessment considered the entire income reflected in Form 26AS as ...
Tax filing can turn out to be a tricky task if the taxpayer misses out crucial documents like Form 16. However, in such a situation, Form 26AS can help you sail through the return filing process. Form ...
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 ...
Form 26AS allows you to view all the necessary information on financial transactions involving TDS/ TCS of the relevant financial year on Form 26AS. Form 26AS, also known as Tax Credit Statement, is a ...