Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...
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 ...
'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 ...
The last date to file income tax return for financial year 2016-17 is July 31. Usually, for many salaried employees, the first thing that comes to mind is Form 16 that is issued by employers. But ...
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 ...
Form-26AS displays various taxes that are deducted on your income by your employer, bank or your tenant. Form-26AS displays various taxes that are deducted on your income by your employer, bank or ...
Income tax is deducted at source from your salary and on interest accruing on investments such as fixed deposits. Have you ever wondered how much tax you have paid in aggregate to the government for ...
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.
With new Form 26AS, taxpayers can recall all their major financial transactions which will also help the Tax Dept. to ensure that ITR is in commensurate with the reported financial transactions. Form ...
As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...
The AO passed a rectification order while the core section 50C addition was pending fresh adjudication. ITAT ruled that such parallel adjudication leads to inconsistency and must be ...