Experts say the new FY26 income tax forms aim to make tax reporting more data-driven while tightening checks on mismatches ...

The new Income-tax Act, 2025, will overhaul several commonly used tax forms from April 1, 2026, replacing old formats with ...

ITAT Indore set aside the appellate order denying TDS credit after the assessee produced Form 16A and Form 26AS showing deduction and payment of tax by the deductor. The matter was remanded to the ...

The Tribunal held that deducting TDS only on part of the purchase price of immovable property was contrary to Section 194IA. TDS was required to be deducted on the full consideration of ₹4.81 ...

A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will ...

Form 16A is a crucial document in the Indian tax system, serving as a TDS (Tax Deducted at Source) certificate issued for income other than salaries. It certifies the tax deducted amount and deposited ...

Form 16 is a TDS certificate issued under section 203 of the Income Tax Act, 1961, by an employer to an employee. It details the salary income earned and the income tax deducted at source (TDS) from ...

Synopsis: Major changes in the Tax system will be introduced on the 1st of April, 2026. A new framework is being introduced to simplify the process and make it transparent. One of the major changes ...

Income Tax rules: Starting April 1, 2026, a key compliance document for salaried taxpayers will undergo a change. Form 16 — traditionally issued by employers as proof of Tax Deducted at Source (TDS) ...

The Central Board of Direct Taxes (CBDT) has extended the deadline for issuing TDS certificates for the third quarter of FY 2025–26 after taxpayers and deductors reported technical glitches on the ...

The US Securities and Exchange Commission (the “SEC”) has amended its reporting requirements under Section 16 of the Securities Exchange Act of 1934 (the “Exchange Act”) to reflect changes enacted ...