If you purchase any of the listed luxury items worth over Rs 10 lakh, the seller will collect 1 per cent TCS and deposit it ...

To make the whole thing simple, we can say Form 26As is an annual consolidated tax statement that gives the details of your taxes that were paid by you or by the deductor like your employer or ...

Senior citizens are eligible for specific tax benefits, such as the ability to fill out Form 15H to prevent TDS from being ...

To assist taxpayers prevent errors, the following factors are essential to keep in mind while submitting an Individual Tax ...

Seven different ITR forms were notified in April last year, so it is expected that the tax department will soon make ...

Form 26AS is a consolidated tax statement that provides details of various tax-related transactions, including TDS. Discrepancy in tax deducted and TDS credit In some cases, the amount of tax ...

The Income Tax Department usually notifies the ITR forms in a phased manner starting in April. The tax authorities will soon ...

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

A common problem people face while filing income tax returns (ITR) is mismatch between Form 16 and the Annual Information Statement (AIS). A mismatch can raise red flags with the Income Tax Department ...