Many salaried employees assume that if their employer is already cutting Tax Deducted at Source (TDS) every month, they do ...

Filing Income Tax Returns before AIS, TIS, and Form 26AS are fully updated can lead to mismatches, defective returns, and delayed refunds. The article explains why proper reconciliation before filing ...

Taxpayers should verify that the interest credited to their savings bank accounts during the financial year matches the ...

Selecting the appropriate Income Tax Return (“ITR”) form is a crucial step in ensuring accurate tax compliance. Filing an ...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two ...

The window to begin filing ITR or Income Tax Returns is open now. However, salaried taxpayers should not rush to file ITR, ...

Mumbai ITAT held that once receipts reflected in Form 26AS are assessed as taxable income, corresponding TDS credit cannot be denied on technical grounds. The AO was directed to verify records and ...

Filing the correct Income Tax Return form is crucial. and taxpayers must select forms based on income sources. Here are the details about forms that salaried taxpayers and freelancers should choose.