Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...
Your Tax Credit Statement / Form 26-AS is an important document for tax filing. Representational Image: Photo: Pixabay Income Tax Return (ITR) filing due date is just four days away. By now, the ...
There are five section in Form 26AS each depending upon the category of deductions and taxes paid. Form 26AS includes a tax credit statement is an important document needed for Income Tax Return (ITR) ...
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 ...
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 ...
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 ...
TRACES website stands for TDS Reconciliation Analysis and Correction Enabling System.TRACES online portal connects all the stakeholders/deductors, i.e., taxpayers ...
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 ...
The tax filing season is about to start. For salaried class, tax is deducted at source (TDS) by the employer and is deposited to the tax department. At the end of the financial year, the employer will ...
The last date to file income tax return for financial year 2016-17 is July 31. Usually, for many salaried employees, the first thing that comes to mind is Form 16 that is issued by employers. But ...