As the ITR filing season for FY 2025-26 begins, salaried taxpayers await Form 16, essential for accurate income tax filing.

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file ...

Selecting the appropriate Income Tax Return (“ITR”) form is a crucial step in ensuring accurate tax compliance. Filing an ...

Filing your ITR using pre-filled information may seem easy, but experts warn that even small discrepancies can invite tax ...

The article explains that HRA exemption is unavailable under the new tax regime, which is why the HRA field may not appear in the ITR utility. Taxpayers must select the old regime to claim HRA ...

Taxpayers can file their Income Tax Return (ITR) either through the offline Excel utility or via the online utility available ...

Dearness Allowance: We answer top DA related FAQs for taxpayers. From whether the component is credited as part of your ...

Tax experts say that although Form 16 is an important document to file an annual ITR but it is not a mandatory document.

This is called a Tax Deducted at Source (TDS) certificate. It is proof that an employer has deducted the tax from the employee's salary and deposited it with the Central Government. Form 16 has two ...

Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.

Form 16 is the certificate of deduction of tax at source and is issued on deduction of tax by the employer on behalf of the ...