Searched for
TAX DEDUCTOR RESPONSIBILITIES
Income tax deadlines in July 2026: From July 31 ITR filing to TDS due dates; key forms you can't afford to missJuly 2026 presents crucial income tax deadlines for Indian taxpayers. The most significant deadline is July 31, marking the final day for s...- Good news for taxpayers! Faster tax refunds, quicker dispute resolution, TDS framework improvements and more planned by CBDT for 2026-27Taxpayers can anticipate significant improvements in the TDS system and faster resolution of tax disputes. The Central Board of Direct Taxe...
- 12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
- New Form 141 introduced for TDS filing: 4 existing forms merged into one challan-cum-statementThe Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form sim...
- CIC advises Income Tax Dept: Institutionalise taxpayer-friendly grievance redressalIn a recent statement, the Central Information Commission has called on the Income Tax Department to overhaul its system for taxpayers. It ...
- Taxpayer wins case in ITAT Mumbai: Rs 1 crore tax demand quashed after TDS mismatch in Form 26ASA Mumbai taxpayer successfully challenged a Rs 1 crore tax demand at ITAT Mumbai after Form 26AS failed to reflect TDS credit. Despite payi...
- Can you download Form 16, Form 16A, other TDS certificates from TRACES website if your tax has been deducted?Taxpayers cannot directly download Form 16 or 16A from the TRACES portal; only deductors like employers or banks are authorized to do so. W...
- Got tax notice to pay additional tax? Your TDS claim rejection could be the reason; know when it can happenTax Deducted at Source (TDS): Your tax liability will increase if the tax department disallows your TDS credit claim. Now a TDS credit clai...
- How to claim credit of TDS deducted by employer but not paid to govt?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 ...
- What is TDS and how does it work?Under the income tax laws, TDS is levied on various incomes such as salaries, fixed deposits, recurring deposits etc. The tax is deducted w...
- How banks, mutual funds and companies will check if you have filed ITRDeductors of TDS/TCS like banks, mutual fund houses etc can now check if you have filed ITR when your income crosses the TDS limit from Jul...
- What you must check in your TDS certificates, Form26AS & why they should matchThere are several specific things which should be correctly reflected on the TDS certificate issued to you. Discrepancies can land you in a...
- Clear up previous years' pending tax demands to ensure smooth refunds in futureCheck the status of previous years’ returns to avoid foregoing refunds because of pending demands.
- I-T assessees stumped by adjustment notice of tax arrears with refund amountThose who never received the intimations in the first place are bound to feel aggrieved about the new demand for arrears or adjustment agai...
- Six things to know about tax deducted at sourceThe TDS should be deposited within a week of the end of the month in which the deduction is made.
- Know how to reconciliate TDSThere are incomes, such as salary, and interest from bonds and fixed deposits, on which tax is deducted by the payer of income.
- 70% IT refunds elusive to tax payersAccording to senior taxmen, they reject an overwhelmingly large number of eligible cases every year for what they call the incidence of mis...
- Not quoting PAN will increase your tax outgoEvery person whose total income exceeds the maximum amount which is not chargeable to income tax is required to obtain a Permanent Account ...
- New TDS form draws flakA new form introduced by the Central Board for Direct Taxes to improve tax deductions at source has allegedly made the process more cumbers...
- Get ready to claim your TDS refundsExperts from E&Y explain provisions and what needs to be done to check and claim back excess deduction.
Load More
