ITAT Mumbai held that TDS credit duly reflected in Form 26AS cannot be denied just because of some procedural lapse. Accordingly, order is set aside and the present appeal is ...

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet ...

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 ...

Over 63 lakh income tax returns are still under processing in AY 2025–26, leaving many taxpayers waiting for refunds even ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

Many taxpayers are still waiting for their income tax refunds for the Assessment Year (AY) 2025–26. According to the latest ...

Did you also file your income tax return (ITR) on time, but haven't received your refund yet? If you are one of the millions ...

That unexpected message from the Income Tax Department can be unsettling, but it does not always mean trouble.

The new year will bring a host of tax benefits that Americans can take advantage of when filing their taxes in a few weeks. The IRS released its guidance for the "no tax on tips" and "no tax on ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...