The Central Board of Direct Taxes (CBDT) has acknowledged the issues and technical glitches on the e-filing income tax portal and has extended the TDS certificate issuance timeline for Q3 (quarter ...

Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified ...

Tax Deducted at Source (TDS) is a mechanism through which tax is collected in advance. Under this system, the payer deducts a specified amount of tax before making payments such as salary, bank ...

Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. If delayed, taxpayers can use salary slips, bank statements, ...

Income Tax Department launches online challan correction on e-Filing portal, letting PAN holders fix key tax payment errors and reduce refund delays.

Filing your Income Tax Return is only one part of staying tax compliant. Tax experts say first-time taxpayers should also ...

Form 26AS aka the Annual Information Statement (AIS) is a comprehensive display of a taxpayer's financial statement for the year. It has been replaced by Form 168 under the new Income-Tax Act (ITA) ...