The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...

In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...

Economic Survey suggests real-time TDS remittance by banks instead of batches, and a treasury manager to invest short-term ...

ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their e-TDS return for the January–March quarter by 31 ...

Income Tax Return: It can be quite overwhelming to file an Income Tax Return, particularly if you are a first-time taxpayer. Form 26AS, commonly known as the Tax Credit Statement, is one of the most ...

As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...

Switching jobs in a year leads to multiple Form 16s for tax filing. Combine salary and TDS from all Form 16s for accurate ITR filing. If Form 16 is missing, use salary slips and Form 26AS/AIS to file ...