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 Income Tax Department has issued an advisory stating that 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. This means if ...

The income tax (I-T) department on July 18 announced the release of ITR-2 online utility, paving the way for individual taxpayers to start filing their returns for the assessment year 2025-26 ...

Many Indians prefer to act early, reaching the airport well ahead of time and getting out of the aeroplane as soon as it lands. However, tax experts caution against such haste while filing income tax ...

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If you are a deductor, filing TDS returns on time is a legal requirement. The ...

Now, you can file your income tax returns (ITR) using the supporting Excel utility. “The Excel Utility for ITR-1 and ITR-4 for AY 2025-26 has been enabled and is now available for taxpayers,” the ...

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 ...