Form 16 is a certificate provided by an employer to employees, which includes the details of the employee’s salary and the ...
Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...
Form 16 is a crucial document for salaried employees in India, particularly as the income tax return (ITR) filing season for ...
To claim the LTA exemption without Form 16, you must appropriately declare it in your Income Tax Return (ITR). According to ...
It is always advisable for taxpayers to file their ITRs at the earliest to avoid last-minute rushes, which may lead to errors ...
This article discusses the top mistakes taxpayers make concerning PAN when e-filing returns and simple tips to avoid them.
Form 16 is a TDS certificate issued by employers to outline the salary earned and TDS deducted on the same in a given fiscal ...
This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...
It must be noted here that ITR form is an annexure-less form, which means that no forms have to be attached along with it. However, the above mentioned forms/statements must be kept ready as the ...
The CBDT has made tweaks in Form 16 regarding tax deductions and benefits. These changes aim to provide clearer details on ...
However, amongst all these forms, ITR-1 and ITR-4 are the most commonly used forms. Let us have a closer look at the key ...
Before filing your ITR, it is important to decide whether the new or old tax regime is more beneficial for you. The old tax regime offers various exemptions and deductions, but is it the right choice ...