Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, ...

AI Quick Read As income tax return (ITR) filing for assessment year (AY) 2026-27 gathers pace, many salaried taxpayers are relying on Form 16 issued by their employers to prepare their returns.

Tax Deducted at Source (TDS) is a mechanism through which tax is collected in advance. Under this system, the payer deducts a specified amount of tax before making payments such as salary, bank ...

The e-Nivaran facility allows taxpayers to raise and track income tax grievances online through a structured process. Both ...

July brings multiple tax deadlines, from TDS filings to the July 31 ITR deadline. Here are key dates taxpayers need to track ...

ITR Filing: Filing a return has become simpler, it has also become easier to make mistakes. Taxpayers must file ITR for FY 2025-26 with updated forms and reporting rules Gather documents like Form 16, ...

Taxpayers with multiple Form 16s, learn to reconcile them for accurate Income Tax Return filing and avoid notices from the ...

July is an important month for income tax compliance, with key deadlines for ITR filing, TDS and TCS deposits, quarterly ...

With the July 31 income tax return (ITR) filing deadline approaching, crypto investors should review their tax records carefully before filing returns. Under Section 194S of the Income Tax Act, a 1% ...