We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...

Form 26AS and AIS are important for taxpayers for accurate tax filings, detailing income and transactions. Errors in these ...

The extended four-year window under ITR-U gives taxpayers a chance to fix past errors, but use it wisely, say experts.

Filing your Income Tax Return (ITR) can be a complex process, and even the most careful taxpayers can make mistakes — from ...

The last date to file Income Tax Return (ITR) was 16th September 2025. Today's Ask Wallet Wise query decodes can one file ITR after the due date, particularly if one wants to opt for a presumptive ...

Sometimes, transactions are delayed due to technical reasons. If you filed your Income Tax Return (ITR) on time and the status shows 'Processed', but the refund hasn't yet been credited to your bank ...

In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.

The ITAT Agra dismissed the Revenue's appeal against the deletion of a ₹2.35 crore unexplained cash credit under Section 68, agreeing that the amount was a closing balance from prior, assessed years.

Summary of the Bombay High Court judgment where a charitable trust's oversight in e-verifying its Form 10B was considered a human error and the delay was condoned, securing its Section 11 income tax ...

Frequent or high-value transactions in savings accounts are increasingly being tracked by the Income-tax Department, as ...

If you draw a government salary, lenders see you as a steady, low-risk borrower. That translates into better pricing, simpler ...