A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers ...

The upcoming changes are linked to the implementation of the Income-tax Act, 2025, which requires the redesign of return forms, tighter reporting standards, and stronger integration between employer ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

TDS challan correction: The issue has emerged as many deductors are filing TDS for Tax Year 2026-27 (FY 2026-27) but ...

Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...

If youre buying a property worth Rs 50 lakh or more, you must comply with TDS rules under Section 194-IA. Learn about 1% TDS ...

ITAT Bangalore held that TDS credit cannot be denied merely because it was omitted in the original income tax return. The Tribunal directed the Assessing Officer to verify Form 26AS and allow the ...