Tax deducted at source (TDS) is applicable on various types of incomes during a financial year. It is, however, important that you compare the TDS paid with the actual tax liability during a year to ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

Ideally, these forms should be submitted before the start of the financial year for which TDS is to be deducted or before the first income payment which is subject to TDS. (Image: Reuters) Question: ...

One of the first documents that we are supposed to check when filing tax returns is the Form 26AS. This is automatically uploaded by the Income Tax department into your secured PAN access area in the ...

What is Form 71 important for incorrect TDS filing? Form 71 has been initiated in the wake of several taxpayers facing the issue of their tax being deducted in the financial year in which the income ...

Indians earning below the tax threshold may soon be able to claim TDS refunds without filing a full income tax return, thanks to a key recommendation from the Select Committee on the Income-Tax Bill, ...