As the new income tax filing season for the financial year 2024-25 (AY 2025-26) begins, the Income Tax Department is set to roll out updated ITR forms and an improved version of Form 16 — a key ...
We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...
ITR Filing Tips for FY 2020-21 (AY 2021-2022): The deadline to ... capital gains reports from the broker, Form 26AS and Form 16/16A. Form 16 is a TDS certificate issued by the employer to the employee ...
Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...
The simplest way to avoid an income tax notice is to file your Income Tax Return (ITR) before the due date. Make sure the ...
The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.