Form 16 is a certificate issued by the employer to employees detailing information pertaining to TDS where form 26AS is a ...

In the case of dividend income, the amount to be reported in the Income Tax Return (ITR) is the gross dividend* declared/credited by the company or mutual fund ...

Apart from the same, Form 26AS also provides certain details such Interest on refund, Demand outstanding, Specified Financial Transactions (SFT) details, TDS on immovable property, etc.

Form 26AS, generated by the Income Tax Department, provides a consolidated view of all tax credits linked to the taxpayer's PAN, including TDS from various sources, such as banks, financial ...

Section 194T mandates firms and LLPs to deduct 10% TDS on payments like salary, bonus, and interest to partners, with a ₹20,000 threshold, effective April 1, ...

The government has extended the ITR filing deadline for FY 2024-25 to September 15, 2025, benefiting taxpayers not requiring ...

What’s the issue It could be a case of erroneous tax notices as the source of TDS information in Form 26AS and tax department’s records is the same.

Form 16 is a TDS certificate that salaried taxpayers need to file their income tax return (ITR). It's an important document ...

What is Form 16? Form 16 is a certificate provided by your employer stating the amount of salary you received in a financial year and the amount of tax deducted at source (TDS) from that income.