Why should these taxpayers avoid filing ITR before June 15th for AY 2026-2027Taxpayers are advised to delay filing their Income Tax Returns for AY 2026-2027 until after June 15th. This allows for the accurate updatio...
ITR filing 2025: What you should know about Form 26AS, AIS and TISIf you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 6...
How to download AIS, TIS for ITR filing FY 2024-25 (AY 2025-26)Indian taxpayers can now easily access their financial data through the Annual Information Statement (AIS) and Taxpayer Information Summary...
What is Form 26AS, AIS and TIS in income tax?Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed vi...
Budget 2025: ITR portal glitches, Income tax notice management; other issues plague e-filing ITR portal; Experts urge FM to look into thisFlaw in ITR portal 2.0: Experts say there exists many flaws, glitches, etc with the e-filing ITR portal. Although these issues might seem s...
Extend ITR deadline to August 31; 'Why the income tax return filing last date needs to be extended this year'Income tax due date extension latest news: Here is an overview of the technical issues on the e-filing ITR portal that the All Gujarat Fede...
Will ITR filing deadline be extended beyond July 31, 2024? ICAI writes to tax department with 9 issues regarding Form 26AS, TIS, AIS, e-filing income tax return formsWill the ITR filing deadline be extended? Various associations of chartered accountants have contacted the tax department to highlight the ...
Budget 2024: NRIs expect simplified TDS compliancesInterim Budget 2024: Lately, there has been a heightened emphasis on deductors adhering to TDS (Tax Deducted at Source) regulations, and fa...
Where to check if TCS was deducted on foreign travel and other transactions?All foreign payments except for medical and education purposes will attract a 20% tax collected at source (TCS). However TCS is not an addi...
ITR filing: How to get errors in your Annual Information Statement correctedITR filing: How to get errors in your Annual Information Statement corrected
Is your advance tax, self-assessment tax details missing from ITR forms? Here’s what you can doAdvance tax, Self-assessment tax, refund, others will not be available in Form 26AS from this year AY 2023-24 (FY 2022-23. Nonetheless, one...
How to file income tax return without Form 16Even if you don't have Form 16, there are several documents such as salary slips, Form 26As, AIS/TIS etc. that you can use as a reference t...
AIS shows ALL your digital financial transactions that the income tax dept knows aboutThe income tax department has launched a comprehensive statement called Annual Information Statement (AIS) in November 2021. This statement...
ITR filing: What does Taxpayer Information Summary (TIS) in Annual Information Statement contain?The Taxpayer Information Summary (TIS), which contains significant summaries of the taxpayer's information, is a crucial element of the AIS.
AIS mobile app: How taxpayers can register, set up MPIN to view Annual Information StatementThe Income Tax Department has released a mobile app named "AIS for Taxpayer" to make it easier for taxpayers to obtain their information as...
New app from Income tax department for tracking refunds, TDS, income tax payments, interest paymentsThe mobile application from Income Tax Department can be accessed free of cost and is available on Google Play & App Store. It is called AI...
IT Dept rolls out Annual Information Statement, providing comprehensive view of taxpayer infoThe new AIS can be accessed by clicking on the link Annual Information Statement under the services tab on the new income tax e-filing port...