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, 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.
Taxpayers in the country are now gearing up for filing their income tax returns for the Financial Year 2024-25 i.e., assessment year 2025-26. Keeping the same thing in mind, prudent taxpayers should ...
Form 16 or Form 16A is a TDS certificate that informs individuals about the total tax deducted in a financial year and the total income paid to the taxpayer. Due to this, many taxpayers often ask ...
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 ...
The Kenya Revenue Authority (KRA) has announced the enforcement of local marine cargo insurance for all imports. In a statement on January 7, 2025, KRA said the move follows the enactment of The ...
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 ...