November brings with it several compliance deadlines, including those for TDS deposits, AY 2025-26 Income Tax Return (ITR) ...
Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...
The simplest way to avoid an income tax notice is to file your Income Tax Return (ITR) before the due date. Make sure the ...
The Income Tax Department has issued an advisory stating that 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. This means if ...
For the taxpayers having business income and who file GST returns, the turnover declared in the GSTR-3B return is displayed in Form 26AS. Apart from the income on which TDS is deducted, Form 26AS also ...
Under Section 195 of the Income Tax Act, the buyer is required to deduct tax at source at 12.5 percent if the seller is a non ...
Indians earning below the tax threshold may soon be able to claim TDS refunds without filing a full income tax return, thanks to a key recommendation from the Select Committee on the Income-Tax Bill, ...
A father-son duo faced tax issues after jointly selling ancestral land. The purchaser erroneously deducted the entire TDS ...
Income Tax Return and ITR Refund for AY 2025-26 processed or not? How to check status (AI-generated image) ITR filing for FY 2024-25: The ITR filing process is in full swing, with nearly 25 lakh ...