Most income tax notices involve minor mismatches or routine verification and can be resolved by submitting clarifications or documents. Key takeaway: timely response avoids unnecessary ...
ITR Filing 2023: What should a taxpayer refer to while filing his/her income tax return (ITR) - Form 26AS or Annual Information Statement (AIS)? An individual was required to check Form 26AS before ...
Income Tax Return E-filing AY 2023-24: Filing your ITR online on the Income Tax Portal for FY 2022-23? Form 26AS and the Annual Information Statement (AIS) along with Form 16 are important documents ...
The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, ...
Tribunal held that income cannot be added merely because it appears in Form 26AS and remanded matter to verify whether assessee actually received amounts corresponding to TDS ...
Taxpayers have reported delays in receiving income tax refunds, with many cases marked as 'under processing' for months.
In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...
Income-tax refunds for 2024–25 face delays due to stricter CBDT checks. CA Shefali Mundra shares tips to help taxpayers speed ...
Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed ...