A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers ...
Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...
Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...
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 ...
The Income Tax Act, 2025, effective from April 1, 2026, renames Form 16 to Form 130. Salaried taxpayers should wait until June 15 to file ITR for AY 2026-27, as employers must provide Form 130 by this ...
With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of ...
Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to ...
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 ...
India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...
A mismatch between the details in Form 26AS, the Annual Information Statement (AIS) and the figures reported in your income ...
Should You Wait For Form 16 To File ITR? "Technically, taxpayers need not wait for the Form 16 and can file their return ...
The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that ...