ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Salaried employees beware! These 5 mistakes during ITR filing can trigger unexpected tax demandsWith 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 ...
12 Jun, 2026, 07.11 AM IST
Pension is salary, family pension is not: Key tax rules pensioners must know before filing ITR for AY 2026-27Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two while filing retu...
01 Jun, 2026, 07.11 AM IST
Choosing a crypto exchange in India? Read this firstWith fees, security and ease of use all up for scrutiny, WazirX makes a strong case for being the everyday trader’s go-to platform in India...
25 May, 2026, 12.47 PM IST
PAN-Aadhaar linking update: Relief from tax demand notice due to short TDS deduction for these taxpayersThe Income Tax Department is offering relief to taxpayers who received demand notices for short deduction or collection of TDS/TCS due to t...
22 Jul, 2025, 05.48 PM IST
Individuals get relief from income tax demand for short deduction of TDS due to inoperative PAN of deducteeTDS Notice: Individuals won't get income tax notice for failing to deduct a correct amount of TDS in cases where the deductee's PAN was in-...
24 Apr, 2024, 11.27 PM IST
Property buyer may end up paying 19% TDS out of his own pocket for this PAN related issueTax deducted at source (TDS): If you are buying any property above Rs 50 lakh value then make sure to deduct 1% TDS before making the payme...
18 Apr, 2024, 03.40 PM IST
TDS deduction: Why you must check status of PAN Aadhaar linking status of deductee on deduction date to avoid income tax noticeTax deducted at source (TDS): While it is important to deduct a correct amount of TDS in certain transactions, it is also important to chec...
04 Apr, 2024, 10.15 AM IST
Budget 2024 should allow past year's TDS credit to be claimed online, current method difficult: IndustryVarious experts have varied views about Form-71 which is used by individual taxpayers to claim TDS credit if it was not deducted in the yea...
15 Jan, 2024, 10.29 AM IST
On which post office schemes is TDS applicable, where tax is not deductedIt's crucial to remember that TDS is only deducted from some transactions when the payment's value exceeds the predetermined threshold.
03 Jun, 2023, 01.03 PM IST
How much TDS should be deducted on property purchased from NRITDS on the purchase of property from an NRI should be deducted from the sale value and the balance amount should be paid to the NRI seller.
23 Aug, 2022, 04.54 PM IST
A quick guide for NRIs while filing tax for the investment made in IndiaAfter ensuring PAN and eKYC, NRIs can easily invest in the Indian capital markets. They can invest in equity shares, mutual funds, national...
03 Jun, 2022, 01.27 PM IST
Budget 2022: Consequences for TDS shortfall are borne by the employee who has switched jobsThe Bombay Chartered Accountants’ Society (BCAS), in its pre-budget memorandum, has submitted: “Because of short deduction by the employer ...
13 Jan, 2022, 02.37 PM IST
I-T unearths over Rs 3,500-cr TDS default by oil, telecom firm in DelhiThe Income Tax Department has detected TDS default of more than Rs 3,500 crore after it surveyed a major oil company and a telecom operator...
05 Mar, 2020, 10.40 AM IST
Govt needs to clarify how TDS from salary will work in new income tax regime: ExpertsIf an employee informs employer at the start of the financial year about opting for new tax regime, will he/she be allowed to switch to the...
24 Feb, 2020, 11.01 AM IST
Where TDS is applicable and how to avoid itCleartax.in lists the incomes and transactions on which TDS is applicable and how one can avoid it.
22 Feb, 2016, 08.51 AM IST
All you wanted to know about TDS for NRIsFor every income that you earn in India as an NRI, tax will most certainly get charged and furthermore, it would be deducted at source.
08 Nov, 2011, 05.58 PM IST