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

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

Non-TAN requirement: Tenants do not need a TAN (Tax Deduction Accountant Number) to file Form 26QC or issue Form 16C. This ...

Taxpayers will soon be able to file their income tax returns for the recently concluded financial year. The online portal is ...

A recent ruling providing tax relief to NRIs on MF capital gains has taxpayers mulling a move abroad, but the tax authorities ...

As a landlord, understanding the tax documents you need is crucial for compliance and  maximizing your deductions. From IRS ...

Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to ...

"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 ...

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 ...

One of my largest frustrations each tax season comes over being questioned regarding estimated tax payments. As a tax preparer it feels like we are questioned if we set them up for clients, but we ...