Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit ...

Form 16 is a TDS Certificate, which is received by the employee from the employer. This TDS certificate makes the process of ...

If you own rental property, you’ll need to file a Schedule E tax form with the IRS to report rental income income or losses.

Before starting your income tax return, ensure you have key documents in hand. These include Form 16 from your employer, Form ...

The Income Tax Department is intensifying efforts to catch individuals who underreport their income but spend heavily. Using ...

This year, you can use ITR-1 even if you have booked capital gains on sale of equity assets, provided they do not exceed Rs 1 ...

Here we give a lowdown on key points which a salaried taxpayer should remember at the time of filing of income tax return.

Filing your ITR doesn’t end your tax journey—receiving a notice from the Income Tax Department is more common than you think. This comprehensive explainer breaks down why notices are issued, how to re ...

The income tax filing for the financial year 2024-25 is just around the corner. Taxpayers will file their income tax in the ...

One of the most important things you should do before filing your return is to check your Annual Information Statement (AIS) ...

The applicability of ITR forms depends on factors such as the assessee's sources of income, total earnings and also the category of the taxpayer like individuals, HUF, company, etc. In this article, ...

In India, direct taxes are levies imposed directly on individuals and entities, based on their income, wealth, or property.