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, ...
Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...
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Form 26AS, also known as the Tax Credit Statement, is a crucial document issued by the Income Tax Department in India. It acts like a consolidated report card for your taxes. This form provides a ...
Freelancers and consultants typically file their ITR using either Form ITR-3 or ITR-4. As freelancing becomes a popular career choice in India, many newcomers often overlook essential tax regulations.
ITR Filing 2025: Salaried taxpayers should await Form 16/16A for accurate tax calculations. Verify TDS details to avoid errors and ensure timely refunds. ITR Filing 2025: The Income Tax Return (ITR) ...
ITR 2025: Online portal of the Income Tax Department is now active for submissions. As the new assessment year 2025-26 gets underway, people across the country — especially salaried taxpayers — are ...
If you got the same tax notice due to a mismatch in tax amount in Form 26AS/AIS and TDS certificates like Form 16, Form 16A etc., then here is what taxpayers can do.
Form 16A, also known as a TDS Certificate, contains details of the tax deducted and deposited with the government on behalf of the deductee. It is a certificate issued by an employer or deductor in a ...
As the July 31, 2024 deadline to file your income tax return (ITR) for the assessment year 2024-25 nears, it's important to prepare early to avoid last-minute stress. A crucial document to be prepared ...
Forbes contributors publish independent expert analyses and insights. Ashley L. Case, J.D., LL.M., writes about tax and estate planning. Form 56 serves as a conduit of communication between taxpayers ...