Non-TAN requirement: Tenants do not need a TAN (Tax Deduction Accountant Number) to file Form 26QC or issue Form 16C.

The tenant must deduct 5 per cent TDS on the rent amount and deposit it with the government using Form 26QC within 30 days from the end of the month in which the rent is paid ...

ITAT Nagpur held that addition is liable to be deleted since the entire sales having already been recorded in the books of accounts and no sales having been found to have been made out of the books of ...

A central issue raised was the failure of the Assessing Officer to clearly identify the specific clause under Section 270A (9) that justified the classification of the under-reported income as ...

To ensure a smooth and error-free ITR filing process, it's essential to keep all the necessary documents handy beforehand.

As a landlord, understanding the tax documents you need is crucial for compliance and  maximizing your deductions. From IRS ...

The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

Most taxpayers depend on the same basic data to file returns. If you have a job, your employer must provide both you and the ...

Taxpayers can clear their income tax dues on e-filing portal by entering their log-in details and making payment via any of ...

We know taxes can feel like trying to solve a Rubik’s cube blindfolded. But with a little guidance and the right documents, you’ll be cruising through your ITR filing in no time ...

Once notified, the return filing utilities, especially for forms like ITR-1 and ITR-2, will gradually become available on the official income tax e-filing portal.