Form 16, divided into Part A and Part B, is essential for salaried employees to prove tax deductions from their salary. Part ...

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

Senior citizens need not choose an ITR form based solely on age. For AY 2026-27, the correct return form depends on the ...

According to Mrinal Mehta, Joint Secretary at Bombay Chartered Accountants' Society, while filing without Form 16 is legally ...

The ITR filing season for Assessment Year (AY) 2026-27 has officially begun, and salaried employees, pensioners, freelancers, professionals, and businesses across India are now preparing to file their ...

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file their ITR without it, experts advise verifying all income and tax details ...

Overview: Pre-filled tax return details may contain errors despite automated reporting.AIS and Form 26AS verification have become extremely important this year.

Didn't receive your Form 16 from your employer? Taxpayers can still file their Income Tax Return using documents such as ...

As of now, there is no CBDT notification extending the AY 2026-27 filing deadline for individual taxpayers. Therefore, ...

Choosing an incorrect form may render the return defective and could potentially lead to delays, notices, or ...

Individuals eligible for ITR-1 filing for AY 2026-27 must file by July 31, 2026. This form is for resident individuals with income up to ₹50 lakh from salary, one house property, and other simple ...

Income-tax returns: For taxpayers filing ITR for business income using the ITR-4 form, i.e. Sugam form, we explain the tax ...