Income Tax : Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer ...
Income Tax : The article explains how AIS-based data matching is triggering tax notices despite Form 26AS matching. The key takeaway is that AI...
Income Tax : Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors ...
Income Tax : The courts confirm that once tax is deducted at source, recovery from the employee is barred by law, and the employer alone is res...
Income Tax : The Tribunal held that income is taxable in the year it accrues, not in the year TDS is deducted by the payer, rejecting addition ...
Income Tax : All Odisha Tax Advocates Association requests due date extensions for AY 2025-26 ITRs and Tax Audit Reports citing portal glitches...
Income Tax : The Tax Bar Association of Bhilwara requests an extension for the FY 2024-25 income tax return and audit report deadlines, citing ...
Income Tax : Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised...
Goods and Services Tax : Bikaner Tax Consultants Association seeks an extension of the Income Tax Return filing deadline due to ITD portal glitches and iss...
Income Tax : ICAI addresses issues with Form 26AS/TIS/AIS and ITR filing glitches, urging CBDT for timely resolution to aid taxpayers in meetin...
Goods and Services Tax : High Court held that receipts reflected in Form 26AS cannot automatically be treated as taxable services. Tax liability must first...
Income Tax : The Tribunal held that TDS credit cannot be denied merely because it does not appear under the assessee’s PAN. It ruled that the...
Income Tax : The Tribunal held that delay in filing the return due to pending probate proceedings was beyond the control of executors. It ruled...
Income Tax : The Tribunal held that TDS credit must be granted in the year in which the related income is assessed, even if it is not reflected...
Income Tax : The issue involved restriction of TDS credit due to mismatch between Form 26AS and return. ITAT held that such adjustments require...
Income Tax : ADVISORY NO.: 45 Dated:- 14.07.2022 0/o PCDA(0) Pune, Public Relation office (PRO) Subject: Income Tax Demand Notice under section...
Income Tax : CBDT authorizes Director General of Income-tax (Systems) to upload information relating to Foreign remittance information reported...
Service Tax : Representations have been received from various trade bodies and associations regarding instances of indiscriminate issuance of de...
Income Tax : Director-General of Income-tax (Systems) to upload information relating to GST return, which is in his possession, in the Annual I...
Income Tax : The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly. From thi...
Explore Income Tax Day 2024s history, significance, and key updates from Budget 2024-25, including enhanced deductions and revised tax slabs for better compliance.
Bikaner Tax Consultants Association seeks an extension of the Income Tax Return filing deadline due to ITD portal glitches and issues with Section 87A.
Read the detailed analysis of Indira Ramaiah Vs ITO case by ITAT Bangalore. ITAT upheld the addition of gift for undisclosed investments and property purchase.
ICAI addresses issues with Form 26AS/TIS/AIS and ITR filing glitches, urging CBDT for timely resolution to aid taxpayers in meeting the July 31 deadline.
Quick 26AS Text to Excel Converter: Easily convert your 26AS text files to Excel format. Simple steps, quick conversion, and user-friendly interface. Download now!
Explore ITAT Mumbai’s verdict granting deduction under Section 80P(2)(d) to Grand Paradi Co-op Housing Society, clarifying co-op banks as cooperative societies in banking business.
Read the detailed judgment of Suman Devi Vs ITO by Rajasthan High Court allowing condonation of ITR delay under Section 119(2)(b) of Income Tax Act 1961.
Learn about TDS on property purchase under Section 194IA of the Income Tax Act, 1961. Get insights on requirements, payment process, and penalties involved.
Prepare for the Income Tax Season amidst the rainy season with these essential tips. Ensure timely filing and accuracy in your ITR to avoid penalties. Read more!
CESTAT Delhi rules service tax exemption for providing vehicles on hire to GTA. Detailed analysis of the Manak Chand Agarwal vs CGST case.
