If you are confused by personal finance terms, jargon and calculations, here’s a series to simplify and deconstruct these for ...

Easiest Way to Check TDS Status: Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A specific percentage is deducted based on ...

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 ...

Deductions missed in Form 16 can still be claimed while filing ITR. Illustration: Uttam Ghosh/Rediff Employers will soon issue Form 16, as they are mandated to do so by June 15. Salaried individuals ...

Organise your PAN, Form 16, Form 26AS, AIS, and all other proofs before e-filing. Kindly note that this illustration generated using Microsoft CoPilot has only been posted for representational ...

Difficulty in accessing AIS has been the chief complaint of many tax professionals ahead of the September 15 ITR filing due date. It is important to review AIS to avoid missing out on disclosures, ...

If you are an employee drawing a salary, Form 16 is often your key form to file income tax return. Discrepancies between Form 16 and your aggregate tax credit statement, Form 26AS, can land you in ...

Getting your income tax refund rejected can be unsettling, especially after filing on time. But in most cases, the issues are ...

The Mumbai ITAT ruled that TDS credit cannot be denied if the amount is correctly reflected in Form 26AS, directing the tax authorities to allow the ...