From salaried employees and capital gains earners to freelancers and businesses, taxpayers must carefully choose the correct ...

Under the Income-tax Act, 2025, tenants renting from NRI landlords must deduct 30% TDS plus surcharge and cess, taking the effective rate to 31.2% in most cases ...

The Tribunal ruled that a clerical mistake in quoting TAN cannot result in denial of TDS credit when Form 16 and Form 26AS clearly establish tax deduction. The decision emphasizes substance over ...

The government has introduced major changes in income tax forms under the new Income Tax Rules 2026, including the ...

High Court reiterated that compensation awarded for compulsory land acquisition is not liable to deduction of tax at source under Income Tax Act. Payments under mediation settlement were directed to ...

Fixed deposit interest provides passive income for many Indians but is subject to TDS under the Income Tax Act. TDS is ...

Many notices are triggered because income is missed. A careful approach can help you save tax. Plan your income tax at the start of the financial year using common deductions wisely Report all income ...

Are you ready to file your income tax return for FY 2025-26? Are you aware of the deadlines for the 2026-27 assessment year? Income Tax season brings with it confusion, hesitation and doubts around ...

Made a mistake while filing your 2025 income tax return this year? You aren't alone — In its 2025 annual report to congress, the National Taxpayer Advocate says the IRS processed about 3.7 million ...

From using appropriate forms, to making proper income disclosures, filling correct details and attaching documentation for proof — Here are the top 10 common mistakes to avoid while filing your ...