The Income Tax Department has launched the new TRACES 2.0 portal to enhance TDS compliance. The user-friendly interface ...

The Income Tax Department has launched the new TRACES 2.0 portal, replacing the old system with an upgraded, user-friendly ...

The issue involved restriction of TDS credit due to mismatch between Form 26AS and return. ITAT held that such adjustments require verification and cannot be made under Section ...

The case addresses whether discrepancies between ITR/Form 26AS and ST-3 returns can justify a Service Tax demand. The ...

One of the most relevant changes is related to Form 16. The document, issued by employers as proof of tax deducted at source ...

The government has updated Income Tax Return forms for Financial Year 2025-26, effective 1 April 2026. Here are the key ...

Did our AI summary help? The Income Tax Department has introduced major changes to income-tax form numbering under the Income Tax Rules, 2026, replacing several widely used forms that were previously ...

Traces 2.0 portal income tax: This new website is available at traces.tdscpc.gov.in (users are automatically redirected to it ...

Taxpayers claiming deductions under Section 80GGC are required to disclose the name and PAN of the political party receiving ...

Form 16, synonymous with a tax deducted at source (TDS) certificate, will be replaced by Form 130 under the new Income Tax Act, 2025. The change in the form is part of an overall renumbering and ...

CBDT extends Form 16 and Form 16A issuance deadline to March 31 for Q3 FY26 amid IT portal glitches; penalty protection for deductors.

New income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing ...