Income-tax returns: Taxpayers filing their returns with the ITR-4 or Sahaj online form need to submit the following documents ...

Before filing ITR for AY 2026-27, taxpayers should reconcile Form 16 with Form 26AS and the Annual Information Statement (AIS ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...

The Income Tax Department has launched Excel utilities and online filing for ITR-1 and ITR-4 for the Assessment Year 2026-27.

Form 16 provides details of salary income, deductions, exemptions and TDS deducted by the employer. While taxpayers can file their ITR without it, experts advise verifying all income and tax details ...

The Strait of Hormuz closure has been responsible for global crude oil prices surging and resulting in an economic shock for ...

Learn about essential documents like Form 16 and AIS, select the correct income tax forms and follow the checklist to avoid notices and ensure timely refunds.

Apart from Form 16, other important documents that you should keep handy are Form 26AS, Annual Information Statement (AIS), ...

Form 16, divided into Part A and Part B, is essential for salaried employees to prove tax deductions from their salary. Part ...

One of the key indicators is the presence of business or professional income in AIS or Form 26AS. If the taxpayer's turnover ...

Form 16 helps salaried employees file ITR as without Form 16 it is time consuming to file ITR; When can you expect to get ...

Income earned from the sale of cryptocurrencies needs to be declared in the Virtual Digital Asset (VDA) schedule. In the ...