Mumbai: In a peculiar case, income-tax officials during reassessment considered the entire income reflected in Form 26AS as ...

It is important to ensure that details on your TDS statements (Form 16 and 16A) and financial statement Form 26AS match ...

Form 26AS is essentially a tax passbook maintained by the Income Tax department. It contains details of tax deducted at source (TDS), tax collected at source (TCS), advance tax pa ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

Taxpayers facing refund delays due to TDS mismatches in Form 26AS have a reason to cheer. A recent Allahabad High Court ruling mandates tax authorities to accept taxpayer-provided TDS documentation, ...

The due date for filing Tax Deducted at Source (TDS) return for the period of January to March is May 31. Since it takes one to two weeks for Form 26AS to get updated, a good time to file the Income ...

The deadline for filing the Income Tax Return (ITR) is fast approaching, thus, explaining the vulnerability to making mistakes while rushing through important details about income and its various ...

The ITAT Nagpur held that receipts reflected in Form 26AS cannot automatically be treated as taxable turnover without ...

In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...

'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.' Illustration: Uttam Ghosh/Rediff.com Before a taxpayer files his Income-Tax Return ...

Form 26AS allows you to view all the necessary information on financial transactions involving TDS/ TCS of the relevant financial year on Form 26AS. Form 26AS, also known as Tax Credit Statement, is a ...