Filing income tax returns (ITR) can often seem confusing, especially for salaried employees unsure about their income details and tax deductions. But thanks to advancements like the Digital Form 16 , ...
As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, with Form 16 playing a crucial role in the process. Issued by employers, Form 16 ...
Form 16 is a document usually given by employers to their employees. It summarises the employee’s salary income and the taxes deducted at source (TDS). However, some individuals do not receive Form 16 ...
It's officially tax season! With the July 31st deadline less than 30 days away, it's time to get started on your ITR, if you haven't already. By now, most of your employers must have given you a ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
ITR filing FY 2024-25: Salaried taxpayers preparing to file their Income Tax Return (ITR) for AY 2025-26, with a deadline of September 15, 2025, should have their Form 16 ready. This form, ...
While filing your income tax return, matching Form 16 and Form 26AS ensures there’s no under-reporting or overstating of income.(Pexel) ITR: For salaried individuals, Form 16 is a crucial document for ...
Mumbai: Many salaried people are still waiting to file their Income Tax Return (ITR) because they haven’t received Form 16 yet. Good news – as per the income tax rules, Form 16 must be given to ...
Deductions missed in Form 16 can still be claimed while filing ITR. Illustration: Uttam Ghosh/Rediff Employers will soon issue Form 16, as they are mandated to do so by June 15. Salaried individuals ...