As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...
Form 26AS is a critical document for taxpayers while submitting their Income Tax Return (ITR). Form 26AS is a tax credit ...
Mumbai ITAT held that additions cannot be sustained merely due to Form 26AS mismatches. The Assessing Officer must verify whether income was already taxed to avoid double ...
Easiest Way to Check TDS Status: Tax Deducted at Source (TDS) is a system implemented by the government to collect taxes at the time of transactions. A specific percentage is deducted based on ...
The Tribunal noted that Form 26AS discrepancies were caused by contracts and TDS continuing in the proprietor’s PAN after business conversion. Since reconciliation was not properly examined, the issue ...
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