The first quarterly TDS and TCS return filing under the Income-tax Act, 2025 is due on July 31, 2026, with new return forms ...

Many salaried employees assume that if their employer is already cutting Tax Deducted at Source (TDS) every month, they do not need to file their income tax returns for the year. That assumption can ...

AI Quick Read As income tax return (ITR) filing for assessment year (AY) 2026-27 gathers pace, many salaried taxpayers are relying on Form 16 issued by their employers to prepare their returns.

When you're preparing to file your Income Tax Return (ITR), you may assume that the TDS on the salary deducted by your employer and mentioned in your Form 16 and Form 26AS will always match. When ...