The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has stated that the service tax demand ...

Filing your income tax return correctly depends on one major factor: matching your declared income and taxes paid with the government’s records. That’s where AIS (Annual Information Statement) and ...

The present appeal is preferred by the assessee. Notably, assessee has challenged the addition of Rs.54,39,870/- on account ...

Many people mix up the financial year and assessment year. For income earned in 2024-25, the assessment year will be 2025-26.

Before filing their income tax returns, individuals should carefully check Form 26AS, AIS, and TIS for accuracy.

Form 26AS provides important details about taxes deducted, collected, and deposited with the government tax authorities by ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

According to Anand S. Kulkarni, a practicing Chartered Accountant, “Till now, most individuals simply uploaded their Form 16 and declared a few deductions.

The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed view of financial transactions beyond just TDS/TCS.

Form 16 summarises salary income and TDS but excludes other incomes like interest, freelancing, capital gains, rental income, ...

Defence pensioners receiving pensions via SPARSH can now access their income and TDS details for FY 2024-25 on the TRACES ...

Form 16 is the TDS certificate issued by the employer to employee at the end of the financial year, form 26AS is Tax credit ...