The Madras High Court addressed a writ petition challenging a GST assessment order issued to Sri Maruthi Enterprises, a civil contractor. The petitioner argued that the assessment, based on ...

The salary slips of your entire financial year give information about your salary, allowances and deductions. These will help ...

As the tax filing deadline approaches, salaried employees across the country have already received their Form 16 from employers. However, what happens if the information in Form 16 doesn't match ...

Income tax filers claiming House Rent Allowance (HRA) exemptions must ensure compliance with Tax Deducted at Source (TDS) ...

Partnership firms face a new reality as they are now required to calculate TDS on payments to partners exceeding ₹20,000. This could lead to tax complications and cash flow issues for many small ...

The Income Tax Return submission for assessment year 2025-26 will open on April 1 2025. Earnings-based employees ...

Before the financial year ends, taxpayers should ensure their Form 26AS (tax credit statement)/ annual information statement (AIS) / tax information statement (TIS) is updated with all TDS deductions, ...

Investors and taxpayers who do not complete this linkage will not be receiving dividend income and will face a higher TDS ...