Employees of India’s largest IT services company, Tata Consultancy Services (TCS), have received income tax notices about discrepancies in their tax deduction at source (TDS). Several employees ...
Salaried employees in India are poised to receive their Form 16 documents for the Financial Year 2024-25 by June 15, 2025. This pivotal document enables individuals to file their Income Tax Returns ...
Taxpayers attention! Form 16 and Form 24Q formats changed; some other major updates in CBDT circular
The Central Board of Direct Taxes (CBDT) has issued a new circular, which states the new rules for tax deduction from salary under section 192 of the Income Tax Act, 1961. It also includes the changes ...
ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...
The Income Tax department has now notified all seven forms for taxpayers — with most salaried individuals required to submit the details by July 31. Employers are also likely to share Form 16 in the ...
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