Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

Employees Can Switch to the Old Tax Regime While Filing Their Income Tax Return and May Even Claim a Refund As the Income Tax ...

Filing your ITR before June 15? Learn why AIS, Form 26AS and TIS updates may still be pending for AY 2026-27 and how early filing can trigger tax mismatches.

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 ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...

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 ...

The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...

The case highlights denial of TDS credit after an incorrect TAN was reported in the income tax return, even though the ...

Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...