In a significant relief for taxpayers, the Income Tax Appellate Tribunal (ITAT) Mumbai has quashed a Rs 1 crore tax demand raised solely due to a TDS mismatch in Form 26AS, reaffirming that Section ...

On November 20, 2025, the ITAT Mumbai ruled that the income tax department has both a statutory as well as constitutional duty to grant TDS credit if it appears in Form 26AS. Therefore, a taxpayer’s ...

The Tribunal held that the appellate authority cannot go beyond the issue of TDS credit in a section 143(1) appeal. By directing taxation of entire salary, it effectively enhanced income without ...

As ITR filing season begins, taxpayers often juggle multiple forms and numbers. One form that truly stands out in this mix is Form 26AS — a must-know for both new and experienced filers. If you’re ...

As the last date to file income tax return (ITR) looms closer, tax payers are busy arranging the documents in time to avoid breaching the July 31 deadline. The key documents that are needed to file an ...

The Economic Survey has floated an operational overhaul to improve the efficiency of government collections and potentially earn more on idle cash balances. It suggests shifting tax deducted at source ...

Switching jobs in a year leads to multiple Form 16s for tax filing. Combine salary and TDS from all Form 16s for accurate ITR filing. If Form 16 is missing, use salary slips and Form 26AS/AIS to file ...