Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...

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 ...

Taxpayers get an extension until September 15th to file income tax returns for the financial year 2024-25, specifically for those not requiring audits. Accurate filing requires cross-checking income ...

Several chartered accountants and associations have pointed out that there are some issues with the income tax portal, namely data mismatch in Form 26AS, AIS and Form 16. In one case the Form 16 part ...

Chartered accountants highlight persistent mismatches in the income tax portal's Form 26AS and AIS, causing reconciliation issues and filing complications. Taxpayers are advised to provide feedback ...

Consultants and freelancers face a slightly different set of rules while filing their income tax returns (ITR) compared to salaried employees. Here are some key points to ensure error-free and ...

Filing income tax is a process that needs proper caution and attention, and any minute mistake may make the process ineffective. This is the reason why taxpayers are suggested to cross-check the ...

Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing. Kindly note that this illustration generated using Microsoft CoPilot has only been posted for representational ...

If you are an employee drawing a salary, Form 16 is often your key form to file income tax return. Discrepancies between Form 16 and your aggregate tax credit statement, Form 26AS, can land you in ...

New Delhi: Salaried individuals often need to file an Income Tax Return (ITR) just to claim a refund of Tax Deducted at Source (TDS), even if their income is below the taxable limit. The government is ...