How to Check TDS Status: Tax Deducted at Source (TDS) is a system in which a certain percentage of tax is deducted by the payer while making specific payments such as salary, rent, commission, or ...

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ...

Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...

ITAT Pune ruled that the CPC erred in restricting TDS credit for a cooperative society based on a turnover mismatch in Form 26AS. The difference was due to the same sale being subjected to double TDS ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Over the past few years, the tax ...

Deductions missed in Form 16 can still be claimed while filing ITR. Illustration: Uttam Ghosh/Rediff Employers will soon issue Form 16, as they are mandated to do so by June 15. Salaried individuals ...

While filing your income tax return, matching Form 16 and Form 26AS ensures there’s no under-reporting or overstating of income.(Pexel) ITR: For salaried individuals, Form 16 is a crucial document for ...

As you are set to file your income tax return (ITR) for FY 2025, you are recommended to cross check the details given on key documents which can be downloaded on income tax portal (form 26AS) and ...

The issue was the summary confirmation of an 8% estimated income addition on a hotel business by the NFAC without conducting independent inquiry or giving reasons. The ITAT set aside the non-speaking ...

Indians earning below the tax threshold may soon be able to claim TDS refunds without filing a full income tax return, thanks to a key recommendation from the Select Committee on the Income-Tax Bill, ...

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 ...