Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

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.

In Mumbai (and most parts of Maharashtra), this is done through the taluk or tehsildar office or the local municipal corporation office in the area where the deceased lived. The process typically ...

ITR filing FY 2024-25: Indian taxpayers often wonder if filing an Income Tax Return (ITR) is necessary when Tax Deducted at Source (TDS) has been deducted. Experts clarify that filing an ITR is indeed ...

If the return was filed within the due date (16th September for FY 2024–25), the interest on the refund will be calculated ...

As per Section 397(3)(f) of the Income Tax Act, 2025, deductors and collectors are allowed a period of two years from the end of the relevant tax year in which the original TDS/TCS statement was ...

Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

Indians earning below the tax threshold may soon be able to claim TDS refunds without filing a full income tax return, thanks to a key recommendation from the Select Committee on the Income-Tax Bill, ...

Here's a list of documents you need while filing your ITR for FY 2024-25 (AY 2025-26). While filing an ITR, you should gather all your relevant documents in advance. These documents are: Details of ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

Ellen Chang is a freelance journalist who is based in Houston and writes articles for U.S. News & World Report. Chang previously covered investing, retirement and personal finance for TheStreet. She ...

A father and son sold ancestral land for Rs 13 crore, but the buyer's TDS error led to a tax notice for the father. The ITAT ...