If your employer deducted TDS from your salary but the amount is missing from Form 26AS, you could receive a tax demand ...
Explains why Form 16 may not reflect final tax liability, covering advance tax, Sections 234A, 234B, 234C, Section 87A rebate ...
An ITAT ruling reinforces that salaried employees cannot be asked to pay tax twice if their employer deducts TDS but fails to ...
Taxpayers should still claim the TDS credit in their ITR even if it is missing from Form 26AS or AIS, say experts. The Income ...
With increasing digital integration across government databases, preventive reconciliation before filing the return has become considerably more important than post-filing corrections.
Filing your Income Tax Return using only Form 16 may no longer be enough, as the Income Tax Department now cross-verifies returns with AIS, Form 26AS and other third-party data. Tax experts recommend ...
According to the Income Tax Department, the key factor is not when the salary is earned, but when it is paid. Section 392(1) of the Income Tax Act, 2025, effective April 1, 2026, replaces the earlier ...
The message has confused several taxpayers, with some wondering if they need to pay more to the tax department.
Businesses and tax deductors must file Q1 TDS and TCS returns by July 31, 2026 using the new return forms and revised section ...