Employees Can Switch to the Old Tax Regime While Filing Their Income Tax Return and May Even Claim a Refund As the Income Tax ...

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

Filing your ITR before June 15? Learn why AIS, Form 26AS and TIS updates may still be pending for AY 2026-27 and how early filing can trigger tax mismatches.

Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, following the end of the financial year ...

Pension and family pension are taxed differently under the Income-Tax Act, yet many taxpayers continue to confuse the two ...

With the ITR filing season for AY 2026-27 now underway, many salaried taxpayers who faced TDS shocks in the last quarter of ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...

Income Tax is the portion of your income that you pay to the government. It is calculated on what you earn in a year: Salary, ...

Form 16 forms the basis of income reporting in ITR. It is important to verify the details mentioned in it, including total ...

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds ...

Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...

The ITAT ruled that deduction of TDS does not excuse failure to file an income tax return. The decision emphasizes that ...