Salaried employees who file their income tax returns (ITRs) every year should be aware that the tax department has introduced some changes in the format of Form 16 related to tax deduction and ...
The Income Tax Department has released all income tax return (ITR) forms for the assessment year 2025–26. However, salaried individuals may need to wait until mid-June to submit their returns. This ...
ITR filing FY 2024-25: The last date to file your Income Tax Return (ITR) for AY 2025-26 is approaching. This year the Income Tax Department has extended the ITR filing deadline to September 15, 2025.
The new financial year began on April 1, prompting taxpayers across the country to prepare for filing their Income Tax Returns (ITR) for the previous year. The Income Tax Department has already ...
At times, it happens that the taxpayer does not receive Form 16 or Form 16A. Form 16 or Form 16A is a TDS certificate that informs individuals about the total tax deducted in a financial year and the ...
Form 16 is a very important document for salaried people during income tax return (ITR) filing. It shows how much salary you earned and how much tax was deducted by your employer. Every year, ...
ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.
The new financial year started on April 1, and with this, the new income tax return (ITR) filing season began. The Central Board of Direct Taxes (CBDT), as part of its routine annual exercise, ...
To obtain Form 16 digitally, employees or employers can visit the official TRACES portal. As the income tax filing season approaches, salaried individuals across India gear up to submit their returns, ...
For salaried employees, Form 16 is not only a regular form—it's the basis of your income tax return. Your employer issues it with a comprehensive breakdown of your salary earnings and the tax deducted ...
Financial year 2024-25 has ended long ago and taxpayers are busy arranging necessary documents to be able to start the process of filing of income tax (I-T) return. When salaried taxpayers approach ...