Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

CBDT extends Form 16 and Form 16A issuance deadline to March 31 for Q3 FY26 amid IT portal glitches; penalty protection for deductors.

Tax Deducted at Source (TDS) deductors have key compliance obligations in April 2026, including issuing TDS certificates for February transactions and completing related filings and deposits through ...

A property seller successfully claimed a Rs 21 lakh TDS credit at ITAT Delhi after the buyer mistakenly deposited it in the ...

New Delhi: The Central Board of Direct Taxes (CBDT) has extended the deadline for issuing TDS certificates for the quarter ending December 31, 2025. The new deadline has been set as March 31, 2026, ...

Starting from Apr. 1, 2026, income tax filing is set to witness significant changes in India, since the Income-tax Rules, 2026, come into force. Among the major changes are the redesigned ITR forms ...

The issue involved restriction of TDS credit due to mismatch between Form 26AS and return. ITAT held that such adjustments require verification and cannot be made under Section ...

Under the provisions of the Income-tax Act, 2025, tax deducted at source (TDS) applies to payments made in India that are ...