Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected in their Form 26AS and Annual Information Statement (AIS).

The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all corrections for specific financial years are completed by March 31, 2026.

Many salaried employees are waiting to receive Form 16, a TDS Certificate, from their employer. Form 16 is an important TDS certificate that contains details of the salary income paid to the employee ...