A mismatch between Form 16 and Form 26AS can lead to lower TDS credit, tax demands and refund delays. Here's why taxpayers ...
Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...
Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, following the end of the financial year ...
Changing jobs during FY 2025-26 could make Income Tax Return (ITR) filing a bit more complicated, especially if you have received more than one Form 16. Tax experts say taxpayers should carefully ...
India's income tax administration has become increasingly data-driven, with information from TDS/TCS reporting, SFT filings ...
Form 16 captures your salaried income but you must also cite bank interest, capital gains or freelance earnings ...
A mismatch between the details in Form 26AS, the Annual Information Statement (AIS) and the figures reported in your income ...
Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...
Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to ...
ITAT Bangalore held that TDS credit cannot be denied merely because it was omitted in the original income tax return. The Tribunal directed the Assessing Officer to verify Form 26AS and allow the ...
Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...
ITR Filing AY 2025-26: Most scrutiny notices are not accusations of wrongdoing. Often, they simply seek clarification or ...