6.2. Accordingly, we dismiss the Revenue’s appeal as infructuous. The AO is directed to verify the updated Form 26-AS for the relevant assessment year and grant TDS credit of Rs.168,61,96,022/- as ...

MSMEs play a pivotal role in economic growth and employment. Therefore, to further boost small and medium businesses in India, the government should consider rationalising certain income-tax ...

When employers deduct tax from salaries at source, they are responsible for issuing a TDS certificate for the same. This TDS certificate is commonly known as Form 16 and outlines the salary paid to ...

Shalini Jain, Tax Partner, EY, breaks down the key announcements, comparing the new tax slabs with the old, and shows you how much you can save based on your income level. There is no hike in the ...

Select Age Group: Select your age group. This is because tax liability as per the government rules is based on the age of the income taxpayer. Proceed to Next Step: Click on ‘Go to Next Step’. Enter ...

As per the applicable income tax laws, every individual whose income crosses the basic exemption limit (Rs. 2,50,000 in the case of the old regime and Rs. 3,00,000 in the case of the new regime ...

completing a MATCF form –– available on gov.uk. You can also opt to do it through a self-assessment tax return if you’re already registered and file tax returns anyway. Are income tax rates ...

Zooey Liao/CNET; Mykola Sosiukin/EyeEm via Getty It's tax season, and if you've received an unfamiliar income form this year, it might be a 1099 tax form. A 1099 form is used to document income ...

Small or retail investors often invest in bonds to earn predictable returns. TDS affects them by interrupting cash flow and ...

W-2 forms should have arrived in mailboxes and inboxes by Jan. 31. Here's why you need that form for the 2025 tax season and what to do if you haven't gotten yours yet. Macy Meyer is a North ...