Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...
The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...
The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31. Employers are also likely to share Form 16 in the ...
With the start of the new financial year nearing, the window for filing of Income Tax Returns (ITRs) for assessment year 2025-26 is also closing in. The window is likely to open on April 1, 2025, and ...
As the financial year 2024-25 comes to a close, many taxpayers may wonder whether they can file their Income Tax Returns (ITR) without hiring a Chartered Accountant (CA). The answer is yes! Filing ...
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