The deadline for filing the Income Tax Return (ITR) is fast approaching, thus, explaining the vulnerability to making mistakes while rushing through important details about income and its various ...

Easiest Way to Check TDS Status: Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A specific percentage is deducted based on ...

The Tribunal upheld reopening under Section 147 as Form 26AS reflected substantial contract receipts despite no return being filed. It ruled that such information constitutes valid grounds for belief ...

The Income Tax Department has launched the new TRACES 2.0 portal, replacing the old system with an upgraded, user-friendly interface for streamlined TDS compliance. This platform centralizes Form 26AS ...

Taxpayers often need to check their TDS status. In such a situation, they can easily check TDS from home. Under TDS, the government keeps some percentage of the money with itself. This tax is ...

Income-tax draft rules 2026: The draft document for the updated Income Tax rules 2025, set to come into effect from 1 April this year state changed numbers for Form 16 (TDS on salary) and Form 26AS ...

The Tribunal held that TDS credit cannot be denied merely because it does not appear under the assessee’s PAN. It ruled that the assessee cannot be forced to ensure revision of TDS returns by the ...

New Delhi: From April 1, 2026, several familiar income tax forms will get new numbers. This change will happen because the Income-tax Act, 2025 and the Draft Income-tax Rules, 2026 will come into ...