Filing your Income Tax Return (ITR) can be overwhelming, but Form 16 makes it simpler for salaried employees. This essential document, provided by your employer, helps you accurately report income and ...
When it comes to filing income tax returns (ITR), Form 16 is often considered the go-to document. But do you know this form holds significance far beyond ITR filing? Yes, Form 16 is not just a tax ...
ITR filing FY 2024-25: For fiscal year 2024-25, Form 16 will reflect changes like increased standard deduction under the new tax regime. It will also show tax deductions from other income sources.
One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...
New Delhi: A large number of salaried taxpayers have not received their income tax refunds for the Assessment Year 2025–26. The Income Tax Department has clarified that this delay is not due to any ...
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 ...
The CBDT said this is for the first time in recent years that the taxpayers have been enabled to file tax returns on the first day of the new financial year. Income tax return (ITR) filing for the ...
A growing number of salaried taxpayers expecting refunds for Assessment Year 2025–26 are finding their income tax returns stuck for a long time. The Income Tax Department has temporarily put refund ...