Salaried employees should review Form 12BB by January to avoid higher TDS, ensure accurate Form 16 reporting, and fully claim tax-saving deductions.

The Tribunal directed a fresh adjudication after the assessee was wrongly credited with company income due to erroneous PAN and 26AS entries, emphasizing fair play over technical ...

Overview The common reasons for such delays include incorrect bank details, unverified ITRs, mismatches in the PAN-Aadhaar data, or discrepancies in Form 26AS a ...

Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed ...

Tribunal held that freight amounts collected and passed on to airlines are mere reimbursements, not income. Only the assessee’s service margin is ...

If the TDS you’ve claimed in your return is higher than what appears in Form 26AS or AIS, the system immediately flags it — ...

Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...

Several months have passed since the September 16 deadline for filing income tax returns, yet many taxpayers are still waiting for their refunds. While most filings have already been processed, a ...

Several taxpayers are still awaiting their ITR refunds as the department flags mismatches, incomplete verification and Aadhaar-PAN errors during processing.

ITR Refund Delay: The deadline for submitting Income Tax Returns (ITR) for AY 2025-26 ended on September 16, 2025. While most ...

Under Section 206C (1F), the seller must collect TCS at 1 per cent of the value of any car priced above Rs 10 lakh. So if ...