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

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

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

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

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

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

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

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

The IRS extended the tax deadline for all North Carolina residents. North Carolina residents have until Thursday, May 1 to ...

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

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 ...

Salaried individuals and pensioners can switch tax regimes every year while filing their ITR, while taxpayers with income from business or profession can switch regimes only once in lifetime.