Income Tax Return: It can be quite overwhelming to file an Income Tax Return, particularly if you are a first-time taxpayer. Form 26AS, commonly known as the Tax Credit Statement, is one of the most ...

ITAT Nagpur remands Section 270A penalty for fresh adjudication after finding an apparent TDS computation error and hearing ...

Form 26As is a consolidated tax statement which reflects your sources of income and the amount of TDS deducted. This may include an array of deductions like TDS cut by your employer, tax collected by ...

If your salary slip shows Tax Deducted at Source (TDS) but the amount is missing from your Form 26AS, you could end up receiving a tax demand notice despite having paid the tax through your employer.

Form 26AS is a consolidated tax credit statement linked to your PAN. It shows tax deducted at source, tax collected at source, advance tax, self-assessment tax, refunds, and some high-value ...

ITR Refund Status 2026: Knowing these reasons can help taxpayers resolve issues faster. Many taxpayers across India are waiting for their income tax refunds after filing their Income Tax Returns for ...

Chennai ITAT deletes ₹48.09 lakh addition in Sri Balaji Shopping World, holding that BSNL trade discount cannot be treated as commission merely because the gros ...

Form 16 is a document that the employer shares with his employees during the ITR filing season. This contains salary information for that particular financial year. It also shows tax deducted at ...

A salaried taxpayer did not file his ITR despite earning over Rs 30 lakh and later faced a Rs 3.74 lakh penalty. The Delhi ITAT deleted it after finding that his entire income was disclosed, reflected ...

Tax compliance nowadays is no longer just about filing an annual tax return. It is about staying vigilant and being clear about your tax-related compliance issues with tax authorities. With 31 July ...