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 ...

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 ...

It may happen that you are facing such a scenario where you have also received a tax demand notice from the income tax department due to a mismatch in the TDS amount shown in Form 26AS, AIS, and Part ...

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 ...