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 ...
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 ...
After the employer files the TDS report the same information is reflected in the Form 26AS of the employee.(Mint) If you are a salaried person and have checked your form 26AS recently, don’t be ...
As the union Budget has proposed rationalisation of provisions relating to Form 26AS, taxpayers will now get a detailed information statement beyond the tax deducted at source (TDS) such as ...
It is an important document required while filing taxes. The form is linked with your PAN, and it is a consolidated record of all the information related to tax. The taxpayers should verify the ...
Form 26AS is a tax passbook linked to your PAN (Permanent Account Number). It is issued by the Income Tax Department and shows a detailed summary of the taxes deducted from your income by others, such ...
Form 26AS provides important details about taxes deducted, collected, and deposited with the government tax authorities by authorised deductors and collectors. On that note, check out the 10 crucial ...
Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy ...