As the deadline to file income tax return on July 31 comes closer, tax payers are advised to file their returns on time so that they don’t have to pay any fine for the dues later on. And merely ...

I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I ...

The Income Tax Department offers different ITR forms depending on your source of income, amount, and taxpayer type. Filing the wrong form may lead to a defective return notice or penalties. First-time ...

Advertising payments on Google Ads attract 2% TDS under Section 194C of the Income Tax Act. Businesses must deposit the tax separately and can recover the amount as ad credits after submitting Form ...

The last date for filing income tax returns (ITR) is now just 13 days away. The government had extended the last date from July 31 to September 15, 2025 this year, but now the chances of extension ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...

Income tax refund delay AY 2025-26: The last date for filing the income tax return is 15 September. If you have not filed ITR yet, then you should do it without delay. Filing late can lead to a ...

Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...

Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules ...