Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...

Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% of the sales value from you and deposit it with the government.

Under Section 206C (1F), the seller must collect TCS at 1 per cent of the value of any car priced above Rs 10 lakh. So if ...

If a tour operator fails to deposit the TCS and the credit consequently does not appear in Form 26AS, the situation becomes ...

Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in ...

Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR ...

Tribunal held that income cannot be added merely because it appears in Form 26AS and remanded matter to verify whether assessee actually received amounts corresponding to TDS ...

The TCS amount will, by default, appear in the 'Taxes Paid' part of your ITR for the relevant financial year. All you have to ...

Tax experts say that omissions, data mismatches, and common assumptions were the primary causes of defective returns, ...

ITR Filing 2023: What should a taxpayer refer to while filing his/her income tax return (ITR) - Form 26AS or Annual Information Statement (AIS)? An individual was required to check Form 26AS before ...

The first step is to verify whether the refund has been processed at all. Log in to the Income Tax e-filing portal and check ...

The Tamil Nadu Bench of Authority for Advance Ruling (AAR), comprising C. Thiyagarajan (CGST Member) and B. Suseel Kumar (SGST Member), has held that non-monetary benefits such as ...