The tax deductor should deposit the amount by the 7th day of the next month. (Image: Freepik) Tax deducted at source (TDS) is the income tax deducted from the payment made including salaries, ...

Filing an Income Tax Return (ITR) and claiming a TDS refund on behalf of a deceased parent is not impractical, suggests Nehal Mota, co-founder & CEO of Finnovate. According to Mota, Indian citizens ...

Form 16/ 16A is the declaration of tax deduction at source provided by the employer on behalf of the employees. Form 16 is released yearly for the preceding fiscal year, generally before the end of ...

Yes, you can file an ITR for a deceased parent and claim a TDS refund, but there is a specific process to follow. It involves two major steps: obtaining proof that you are the legal heir, and ...