One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...
It’s that time of the year when taxpayers start downloading the Annual Information Statement (AIS) and Form 26AS to file their income tax returns (ITR). AIS is a detailed summary of a taxpayer's ...
Tax deducted at source (TDS) is the practice of reducing tax evasion and spillage by making it mandatory to deduct TDS from payments at pre-defined rates. Whether your employer pays you salary, or ...
Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with ...
New Delhi: December is an important month for taxpayers. From belated and revised ITR deadlines to advance tax payments and multiple TDS-related compliances, several key dates have been fixed. These ...
The income tax department will deny TDS credit and flag your ITR if it detects discrepancies between the TDS information reported in your return and that provided by the deductor. Ensuring accurate ...
It’s that time of the year when taxpayers start downloading the Annual Information Statement (AIS) and Form 26AS to file their income tax returns (ITR). It’s that time of the year when taxpayers start ...