Mumbai: As tax filing season for FY 2024-25 begins, salaried employees must deal with various documents and deadlines. But ...

Discover the top 10 tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving ...

There are two parts in Form 16: Parts A and B. The first part largely contains the details of TDS and is used to claim refunds. The second part of this form shows salary breakup. Through this, the ...

Check Taxable Income: In part B of Form 16, one can find their taxable income details towards the end. Make sure all the ...

Taxpayers cannot directly download Form 16 or 16A from the TRACES portal; only deductors like employers or banks are ...

Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit statement and AIS is comprehensive view of information for a taxpayer displa ...

To avoid penalties while filing your ITR for Assessment Year 2025–26, you must file on time, choose the correct form, verify ...

By now, most salaried individuals would have received their Form 16-a crucial document that summarizes salary earned, ...

Form 16 is a certificate your employer gives you every year. It shows how much salary you earned in the financial year and ...

Form 16 summarises your salary and the TDS deduction but not include other sources of income like interest from savings, freelancing earnings, capital gains, rental income, or additional deductions.

ITAT Mumbai remands Deepak Kumar Chaturvedi's appeal, directing AO to verify exempt allowance disallowance due to Form 16 and 26AS mismatch caused by employer ...

According to the Income Tax Act, employers are required to provide Form 16 on or before June 15 at the end of the financial year. Form 16 is mandatory for salaried taxpayers.