Form 168: The Income Tax Department has unveiled Form 168, a comprehensive upgrade to the Annual Information Statement, ...

The Income Tax Department has launched online filing and Excel utility for Income Tax Return-3 for Assessment Year 2026-27.

The Income Tax Department has enabled the Excel Utility for ITR-3 on its e-filing portal for AY 2026-27, allowing taxpayers ...

Before filing ITR for AY 2026-27, taxpayers should reconcile Form 16 with Form 26AS and the Annual Information Statement (AIS ...

The income tax return (ITR)-3 is meant for individuals and HUFs who have income from business or profession. Interestingly, ...

Taxpayers should rely primarily on Form 26AS and AIS, as these reflect TDS entries reported and processed by the tax ...

Form 16, divided into Part A and Part B, is essential for salaried employees to prove tax deductions from their salary. Part ...

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file their ITR without it, experts advise verifying all income and tax details ...

Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...

Received your Form 16 and planning to file your ITR right away? Chartered accountant Nitin Kaushik cautions salaried ...

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

The timing is significant as India’s tax framework is undergoing a structural overhaul under the Income‑tax Rules, 2026, with ...