It is an important document required while filing taxes. The form is linked with your PAN, and it is a consolidated record of all the information related to tax. The taxpayers should verify the ...

Form 26AS is a tax credit statement that provides a comprehensive view of all tax-related transactions linked to an individual"s Permanent Account Number (PAN). It includes details such as tax ...

When it comes to Income Tax Return (ITR) filling, many taxpayers gets confused about which form to use. Most of the taxpayers rely on Form 16 provided by the employers to file their ITR. However, in ...

The Times of India introduces 'Hack of the Day,' offering simple, practical solutions for everyday challenges to save time, ...

Discrepancies between Form 26AS and Form 16 can lead to an inquiry by the I-T department. IMAGE: Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy ...

The online filing format of ITR is known as e-filing, which is a convenient way to file income tax returns. Keep in mind to cross-check your details properly, as ITR 1 is now pre-filled. For those ...

Several chartered accountants and associations have pointed out that there are some issues with the income tax portal, namely data mismatch in Form 26AS, AIS and Form 16. In one case the Form 16 part ...

'Don't wait until the last minute. Instead, cultivate the habit of monitoring your Form 26AS throughout the year.' Illustration: Uttam Ghosh/Rediff.com Before a taxpayer files his Income-Tax Return ...

The income tax department on Wednesday notified a host of new tax-related information to be included in Form 26AS. The following eight new inclusions will be incorporated in the annual information ...

The income tax department is working hard to abolish the culture of tax evasion in India. There are various tools and forms have been introduced to ensure transparency in the income tax return filing ...