I am an NRI living in Dubai and have investments in Indian listed stocks. One of the companies I invested in did a buyback in March, on which Tax Deducted at Source (TDS) was deducted. At that time, I ...

Income Tax: The last date to file income tax return (ITR) of September 15 is drawing closer. This is the time to hurry through your return filing process but carefully. While filing your income tax ...

Commuted pension received from certain notified pension funds, like LIC Pension Fund, will now be fully tax-free. (Representational Image: X) The new Income Tax Bill will replace many of the existing ...

Form 26AS: The taxpayer should download Form 26AS and confirm the actual TDS/TCS/Tax paid. If any discrepancy is observed, then suitable action should be taken to reconcile it. Ensure that other ...

New Delhi: When a person passes away, their income tax responsibilities don’t end with them. A legal heir or representative, often a spouse, child, or close relative can file the income tax return on ...

Filing income tax is a process that needs proper caution and attention, and any minute mistake may make the process ineffective. This is the reason why taxpayers are suggested to cross-check the ...

An employee working with a Chennai-based company faced a situation where three months’ salary remained unpaid, yet TDS was deducted, and Form 16 was issued. Today's Ask Wallet Wise decodes if one can ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...

The deadline to file the income tax return (ITR) for AY 2025-26 in non-audit cases ended last month on 16th September. Now, taxpayers whose accounts do not require an audit have time till 31st ...

The due date for filing of Income Tax Returns (ITRs) for AY 2025-26, originally due on 31st July 2025, was extended to 15th September 2025. The Central Board of ...