TDS credit of only 2% is reflected in Form 26AS even though the tenants had deducted and deposited TDS of 5%. This appears to ...

Here’s a simple guide on how to file your Income Tax Return (ITR)—covering exemptions such as capital receipts and agricultural income, along with procedures and cautionary tips to keep in mind while ...

NRIs are allowed to invest in various financial instruments and real estate in the country. The only exception is they cannot ...

The appeals centered on the charging of late fees under Section 234E for delayed quarterly TDS returns pertaining to Assessment Years 2013-14, 2014-15, 2015-16, and 2016-17. The common facts across ...

Budget 2025 provides that withdrawals from National Savings Scheme (NSS) accounts-both principal and interest-are now fully tax-exempt for individuals making withdrawals on or after August 29, 2024.

But as can be seen, the TDS refund process is a bit complicated and I can only suggest that the Income Tax Department make the whole TDS refund procedure ... after filing the application we ...

Provide Form 16C (TDS certificate) to your landlord within 15 days of filing Form 26QC by May 15 ... it's important to understand and follow these procedures-not just to avoid penalties, but ...

If you file early, you can rectify it before 31 December if there is any change in the income/transactions reported earlier, but why get into the hassle in the first place, specifically when TDS ...

Filing income tax returns has now become significantly easier for salaried employees across India. The Income Tax Department ...

By uploading the Digital Form 16 to a tax-filing platform, essential figures such as salary income, TDS, and deductions under sections like 80C and 80D are automatically extracted. This eliminates ...

After submitting their tax return on the income tax portal, this form must be physically signed and dispatched to the Centralized Processing Center in Bengaluru within 30 days of filing via speed ...