A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers ...
Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...
Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...
Changing jobs during FY 2025-26 could make Income Tax Return (ITR) filing a bit more complicated, especially if you have received more than one Form 16. Tax experts say taxpayers should carefully ...
Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, following the end of the financial year ...
With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of ...
India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...
Form 16 captures your salaried income but you must also cite bank interest, capital gains or freelance earnings ...
ITAT Bangalore held that TDS credit cannot be denied merely because it was omitted in the original income tax return. The Tribunal directed the Assessing Officer to verify Form 26AS and allow the ...
The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that ...