Form 16 is a key document for salaried individuals, summarising income and TDS, simplifying ITR filing, and serving as proof ...

While filing portal may open soon, most salaried individuals actually begin filing a little later — usually after they ...

The Income Tax Department is expected to notify the filing forms for the financial year 2024-25, or Assessment Year 2025-26, ...

An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is ...

It is mandatory to register the digital signature of authorized persons on TRACES to submit the Refund Request. PAN of ...

"Rent received from family members must be disclosed in the house property section (Schedule HP) of the tax return, which ...

There has been a tremendous increase in the number of income tax notices issued to taxpayers in India in recent months. These ...

Whether you're a salaried individual, a business owner, or a freelancer, this digital facility helps with paying your taxes right from the comfort of your home, without the need to stand in long ...

The Income Tax Department is expected to soon release the online ITR forms, which will officially open the e-filing process.

The new Form 16 includes additional details compared to previous versions, providing taxpayers with a more comprehensive ...

Filing your Income Tax Return (ITR) under the old tax regime with incorrect deductions or exemptions might land you in ...

Summary: The Indian government has expanded the scope of Tax Collected at Source (TCS) under Section 206C(1F) of the ...