'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 last date to file income tax return for financial year 2016-17 is July 31. Usually, for many salaried employees, the first thing that comes to mind is Form 16 that is issued by employers. But ...

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 Tribunal noted that Form 26AS discrepancies were caused by contracts and TDS continuing in the proprietor’s PAN after business conversion. Since reconciliation was not properly examined, the issue ...

Form-26AS displays various taxes that are deducted on your income by your employer, bank or your tenant. Form-26AS displays various taxes that are deducted on your income by your employer, bank or ...

As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...

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 ...

Income tax is deducted at source from your salary and on interest accruing on investments such as fixed deposits. Have you ever wondered how much tax you have paid in aggregate to the government for ...

Form 26AS consolidates all incomes and corresponding taxes for a given financial year Checking Form 26AS before filing a tax return ensures accuracy by reconciling income and tax details Form 26AS ...

With new Form 26AS, taxpayers can recall all their major financial transactions which will also help the Tax Dept. to ensure that ITR is in commensurate with the reported financial transactions. Form ...

ITR Filing FY 2023-24: Form 26AS is an important document when it comes to filing Income Tax Return (ITR), as it not only contains the amounts and dates of taxes paid in advance but also includes all ...