TDS or tax deducted at source is widely known in the case of salaried employees, as it becomes difficult for the Income tax authorities to collect tax from individuals separately, so they collect it ...
As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...
The tax deductor should deposit the amount by the 7th day of the next month. (Image: Freepik) Tax deducted at source (TDS) is the income tax deducted from the payment made including salaries, ...
The compliance cycle for January kicks off early. January 7, 2026, is the key deadline for depositing TDS and TCS deducted or ...
New income tax laws grant companies extra time to deposit TDS, extending the deadline from 60 to 80 days after the original due date. Companies that fail to deposit the TDS by the return filing ...
If you haven’t filed your Income Tax Return yet, December 31 is your final chance to claim your income tax refund. Missing ...
As the deadline to file income tax return on July 31 comes closer, tax payers are advised to file their returns on time so that they don’t have to pay any fine for the dues later on. And merely ...
Filing an Income Tax Return (ITR) for the assessment year 2025-26 requires various documents based on your income sources and chosen tax regime. Essential papers include the Permanent Account Number ...
Salaried individuals are advised to wait until June 15 before filing their income tax returns online for FY 2023-24 to ensure all information is updated, including TDS certificates, AIS, Form 26AS.
Income Tax Return Filing EXCLUSIVE: The IT department plans to finish all pending refund cases by April 30th. The Income Tax Department is targetting to settle all e-redressal cases by May 5. (File ...