Despite declaring the income and paying due taxes, interest under relevant sections was levied as the TDS credit didn’t show up on his Form 26AS.

ITAT Mumbai rules Section 205 protects taxpayers. TDS credit cannot be denied due to Form 26AS mismatch caused by deductor’s default or ...

The case involved a taxpayer with income exceeding Rs 20 crore and TDS claims of over Rs 4.8 crore. However, the Central ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

There are several possible reasons for the delay. The most common one is incorrect bank account details or wrong IFSC code ...

If your ITR refund status shows ‘processed’ but you are not getting it credited to your bank account, there is no reason to ...

A Mumbai taxpayer successfully challenged a Rs 1 crore tax demand at ITAT Mumbai after Form 26AS failed to reflect TDS credit. Despite paying taxes, the demand arose due to the deductor's failure to ...

A job candidate recently wrote in a Reddit post that he was aghast when a multinational corporation (MNC) checked his income ...

Bangar also flagged the Section 89(1) relief option — useful if you get a one-time lumpsum. “But Form 10E is mandatory,” he ...

The ITAT Delhi invalidated the reassessment proceedings against Huawei International, a Singapore resident, for AY 2014-15. The Tribunal ruled that the AO's attempt to investigate offshore software ...

State law says the public must get access within two business days to public records of officials’ gifts and outside income.

If your ITR shows 'Processed' but the refund hasn't come, there's no need to panic. This year, the deadline for filing ...