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 ...

Verify that salary income and TDS from all employers appear correctly in Form 26AS and AIS, as employers calculate tax ...

Easiest Way to Check TDS Status: Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A specific percentage is deducted based on ...

As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...

Form 26AS is a critical document for taxpayers while submitting their Income Tax Return (ITR). Form 26AS is a tax credit ...

Form 26AS: The taxpayer should download Form 26AS and confirm the actual TDS/TCS/Tax paid. If any discrepancy is observed, then suitable action should be taken to reconcile it. Ensure that other ...

Filing taxes and declaring the correct income is not just a compliance formality — it is the cornerstone of financial transparency and smooth personal as well as business financial management. With ...

Cross-check key documents, maximise your deductions, avoid errors, and ensure you get your refund smoothly. Kindly note that this illustration generated using Microsoft CoPilot has only been posted ...