Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file their ITR without it, experts advise verifying all income and tax details ...

Before filing ITRs, salaried taxpayers should reconcile Form 16 and Form 16A with AIS, Form 26AS and personal records to ...

Form 16 is a certificate issued by employers under Section 203 of the Income Tax Act, 1961, that contains details of salary ...

The income tax filing season has begun, and salaried taxpayers are set to see a major change in the way tax-related ...

Make sure to match Form 16 with AIS and Form 26AS, choose the correct ITR form, and compare tax regimes before filing ...

The Income Tax Return filing season is here and many salaried taxpayers who changed jobs during FY 2025-26 are struggling on ...

ITR filing is mandatory for individuals if their income exceeds the basic exemption limit or if they meet specified ...

According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally ...

This is called a Tax Deducted at Source (TDS) certificate. It is proof that an employer has deducted the tax from the employee's salary and deposited it with the Central Government. Form 16 has two ...