Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file ...

ITR Filing: The last date for filing the Income Tax Return,, ITR) is approaching. If you are employed and are preparing to file ITR for Assessment Year 2025-26 for the financial year 2024-25, then it ...

Employees changing jobs may face additional tax at filing because each employer deducts TDS independently. The demand usually reflects a TDS shortfall, not double ...

This is called a Tax Deducted at Source (TDS) certificate. It is proof that an employer has deducted the tax from the employee's salary and deposited it with the Central Government. Form 16 has two ...

File your ITR for AY 2026-27 online with ITR 1 or ITR 4. Check required documents, filing steps, common mistakes, and July 31 ...

Tax experts generally recommend waiting until around June 15, as Form 16 is typically issued to employees by that date, ...

The article explains that HRA exemption is unavailable under the new tax regime, which is why the HRA field may not appear in the ITR utility. Taxpayers must select the old regime to claim HRA ...

The process to file your income-tax returns is accessible in more ways now with the process available to taxpayers online via the official e-filing portal. However, first-time taxpayers may have some ...

Filing the income tax return is only half the battle. After submission, you have 30 days to e-verify your return.