ITR filing 2024: Form 16 details not matching with Form 26AS? Do THIS to avoid income tax dept’s notice The income tax return (ITR) filing deadline is on 31st July. Most salaried taxpayers may ...
Filing taxes can feel like navigating a maze of documents, but one crucial piece in the puzzle is Income Tax Form 26AS. This form serves as an annual summary of your taxes, encompassing details ...
Form 26AS is an annual statement of how much tax you have paid to the income tax department. A taxpayer has to ensure that the income tax return is in sync with form 26AS. Since the tax department ...
The income tax department has updated the Form 26AS. It will now include mutual fund purchases, foreign remittances, interest on income tax refund and more. Here are all the new inclusions in the ...
Conclusion: In a dispute of taxable supplier’s discrepancy in the Goods and Services Tax Returns (GSTR) – 3B and the form 26AS under Section 203AA of Income Tax Act, 1961, High Court had granted final ...
As per income tax rules, interest received from savings bank account, post office savings account, fixed deposits, and recurring deposits are taxable. Form 26AS and AIS: Two documents you must ...
During a meeting with representatives from the financial sector, FM Sitharaman discussed the recommendation from banks to ...
One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in ...
Recent tax updates, including revamped Form 26AS, pre-filled ITRs, flexible returns, expanded TDS/TCS, higher deductions, and ...
Taxpayers who file ITR after the deadline are fined Rs 5,000. For taxpayers with an income less than Rs 5 lakh, this penalty ...