Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, ...

The first quarterly TDS and TCS return filing under the Income-tax Act, 2025 is due on July 31, 2026, with new return forms ...

Matching AIS and Form 26AS may not prevent a tax notice. Wrong income details, excess deductions, large transactions or TDS ...

Wrong financial year in TDS challan can block tax credit. Here's how taxpayers can correct the error using old TRACES portal during transition ...

With increasing digital integration across government databases, preventive reconciliation before filing the return has become considerably more important than post-filing corrections.

Income-tax Act, 2025 revises the TRACES TDS Justification Report password format with new form numbering and structure from 1 April ...

The taxpayers who want to revise their ITR got some relief. Earlier, they could file their revised ITR till December 31 of the assessment year; now, they can do that by March 31, 2027. This means a ...

With the July 31 income tax return (ITR) filing deadline approaching, crypto investors should review their tax records ...

Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate by June 15th. If delayed, taxpayers can use salary slips, bank statements, ...