Form 26AS is a tax credit statement that provides a comprehensive view of all tax-related transactions linked to an individual"s Permanent Account Number (PAN). It includes details such as tax ...

The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, ...

When it comes to Income Tax Return (ITR) filling, many taxpayers gets confused about which form to use. Most of the taxpayers rely on Form 16 provided by the employers to file their ITR. However, in ...

Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy ...

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.

Several chartered accountants and associations have pointed out that there are some issues with the income tax portal, namely data mismatch in Form 26AS, AIS and Form 16. In one case the Form 16 part ...

'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.' Illustration: Uttam Ghosh/Rediff.com Before a taxpayer files his Income-Tax Return ...

ITR Filing without Form 16: Almost all salaried taxpayers wait for their employers to hand over Form 16 to them for filing income tax return (ITR). Though Form 16 makes it easier to file tax returns ...