TDS

Donations, winnings from online gaming, previous bank accounts: ITR forms seek more disclosures

Doing it early will give you time to collect all the information and file the ITR correctly. First, you should…

5 months ago

Changing jobs often? Here’s why Form 16 is critical for your income tax return

Form 16 holds significant importance for employed individuals in India during the income tax filing process. It includes comprehensive information…

5 months ago

Income Tax Return: How to easily access and review your Annual Information Statement with a click

The deadline for filing ITRs for the financial year 2023-24 (Assessment year 2024-25) is July 31, 2024. With just over…

5 months ago

Income Tax Filing 2024: What to do if Form 16 data mismatches ITR prefilled form?

Tax deducted under Sections 192 to 195 of theIncome Tax Act, typically by employers, necessitates issuance of a certificate (most…

5 months ago

Form 26 AS: Filing Income Tax Return? Know why Form 26AS is important & how to download it

What is Form 26 AS in income tax return filing? Form 26AS is an important document when it comes to…

5 months ago

Income Tax Return: What are the alternatives to Form 16 that can be used while filing ITR?

July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting…

5 months ago

Income Tax Filing: 10 necessary guidelines that you must be aware of

Pre-filled ITRs: The Income Tax Department automatically populates tax return forms with information obtained from employers, banks, and investment entities.…

5 months ago

Can an Australian NRI get exemption on capital gains?

I live in Australia with my family. Somewhere in mid-2020, I had invested in some liquid mutual funds, which I…

5 months ago

Income Tax Return: How to maximise your tax refunds while filing ITR?

Availing of necessary deductions and exemptionsTaxpayers should use all available deductions and exemptions to reduce their tax liability. Examining the…

5 months ago

India’s Debated 1 Percent TDS on Crypto Transfers Added Millions to Government Treasury: Details

The outcry from crypto traders and investors went unheard after Indian finance minister Nirmala Sitharaman failed to revise the controversial…

6 months ago

Income Tax Return filing: Salaried individuals need to be aware of these 5 key points

If you are a salaried income tax payer, the process to file income tax return is quite simple, to say…

6 months ago

Aadhaar-PAN link: Income Tax Department issues step-by-step guide to avoid higher TDS. Check here

Aadhaar-PAN link: The Income Tax Department has recently issued a detailed guide outlining step-by-step instructions on how individuals can link…

6 months ago