Income Tax Return: Form 26AS is an important document for taxpayers as it shows the dates and amounts of taxes you have paid in advance. The statement contains: Tax Deducted at Source (TDS), Tax ...

Form 26AS: The taxpayer should download Form 26AS and confirm the actual TDS/TCS/Tax paid. If any discrepancy is observed, then suitable action should be taken to reconcile it. Ensure that other ...

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 ...

Mumbai ITAT held that additions cannot be sustained merely due to Form 26AS mismatches. The Assessing Officer must verify whether income was already taxed to avoid double ...

If you are an employee drawing a salary, Form 16 is often your key form to file income tax return. Discrepancies between Form 16 and your aggregate tax credit statement, Form 26AS, can land you in ...

In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...

Switching jobs in a year leads to multiple Form 16s for tax filing. Combine salary and TDS from all Form 16s for accurate ITR filing. If Form 16 is missing, use salary slips and Form 26AS/AIS to file ...