ITAT Delhi held that TDS deposited by a buyer in a later year cannot override correct assessment year of capital gains. Form 71 enables taxpayers to claim such TDS credit in year of ...
The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
The Tribunal held that income is taxable in the year it accrues, not in the year TDS is deducted by the payer, rejecting addition based solely on Form ...
Waiting endlessly for your tax refund can test anyone’s patience. The silver lining? The government compensates you with ...
Confused by India's 30% crypto tax and 1% TDS? Our comprehensive guide explains the rules, how to handle losses (no set-off!), tax on airdrops and staking, and step-by-step instructions for filing ...
After several key changes in 2025, experts are advising taxpayers to start preparing for the coming year now to avoid any costly mistakes.
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...