The Income Tax Department has notified taxpayers via email and SMS that their refunds are being held due to discrepancies in ...
Learn why NGOs must file ITR correctly, avoid mistakes, and stay compliant to protect tax exemptions and donor trust.
The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ...
Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.
Tax experts say that omissions, data mismatches, and common assumptions were the primary causes of defective returns, ...
Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...
Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR ...
Salaried employees should review Form 12BB by January to avoid higher TDS, ensure accurate Form 16 reporting, and fully claim tax-saving deductions.
If the TDS you’ve claimed in your return is higher than what appears in Form 26AS or AIS, the system immediately flags it — and your refund gets delayed. This often happens when salary TDS isn’t ...
Despite a record number of processed tax returns and issued refunds, millions of taxpayers are still facing delays in receiving their refunds., Economy, Times Now ...
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 your ITR status on the dashboard. If it shows processed, the next place to ...
SIR Form Online: The Special Intensive Revision, or SIR, enumeration form is available online. Unlike the offline process, the online SIR system is entirely managed by the Election Commission of India ...