Tax Deducted at Source (TDS) helps the government collect tax in advance, but excess deductions can leave taxpayers paying ...

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

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 ...

Should You Wait For Form 16 To File ITR? "Technically, taxpayers need not wait for the Form 16 and can file their return ...

A mismatch between the details in Form 26AS, the Annual Information Statement (AIS) and the figures reported in your income ...

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 ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds ...

Before filing ITR for AY 2026-27, taxpayers should reconcile Form 16 with Form 26AS and the Annual Information Statement (AIS ...

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