The CBDT has set June 30, 2026, as the deadline for issuing scrutiny notices under Section 143(2) for FY 2025-26 returns. An internal deadl...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of FY 2025-26 are ...

India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings and other sourc...

Salaried employees await Form 16 for Assessment Year 2026-2027. Employers must issue this crucial tax document by June 15, 2026. This form ...

June 2026 income tax deadlines are closer than many taxpayers realize. Form 16 issuance, TDS deposits, advance tax payments and STT reconci...

With the utilities for ITR filing for AY 2026–27 being available now, many taxpayers are planning to file their returns early. However, inc...

Pune's Principal Chief Commissioner of Income Tax, Vivek Wadekar, announced the new Income Tax Act, 2025, aims to simplify compliance and f...

In a recent statement, the Central Information Commission has called on the Income Tax Department to overhaul its system for taxpayers. It ...

If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for you. In the 6...

Tax Deducted at Source (TDS): Your tax liability will increase if the tax department disallows your TDS credit claim. Now a TDS credit clai...

Form 16 has all the essential information to file your income tax return easily. It's crucial to double-check that the information in Form ...

If any tax has been deducted at source and deposited with the central government, it shall be treated as a payment of tax on behalf of the ...

Form 16 contains details of the total salary paid to you by your employer and tax exemptions such as house rent allowance, leave travel all...

The I-T Department maintains a database of the total tax paid by a taxpayer (i.e., the tax credit in the account of a taxpayer).

A scam of Rs 3,200 crore unearthed by the I-T department has highlighted the problems faced by many employees where TDS is deducted but not...

Avoid these mistakes if you don’t want a notice from the tax department, says Sudhir Kaushik, CA and co-founder of Taxspanner.com

There are incomes, such as salary, and interest from bonds and fixed deposits, on which tax is deducted by the payer of income.