Mumbai: As tax filing season for FY 2024-25 begins, salaried employees must deal with various documents and deadlines. But one document stands out—Form 16. It’s not just a tax certificate but a ...
Mumbai: Many salaried people are still waiting to file their Income Tax Return (ITR) because they haven’t received Form 16 yet. Good news – as per the income tax rules, Form 16 must be given to ...
ITR Filing: Salaried taxpayers will be able to file their taxes once they receive their Form 16 by 15 June, 2026. As we enter ...
ITAT ruled that failure to file a return does not justify taxing income without allowing legitimate deductions. The case was sent back to the AO to consider exemptions and deductions available in ...
The New Income Tax Act comes into effect today, April 1, 2026. Get real-time updates on tax slabs, increased standard deductions, and the simplified capital gains regime. See how your take-home salary ...