This blog post serves as a complete and detailed guide for businesses and individuals to understand Section 194C of the Income Tax Act, 1961. It explains TDS obligations on payments to contractors, outlines applicable rates and thresholds, and most importantly, teaches how to correctly report these deductions in your Income Tax Return (ITR). From verifying Form 26AS and AIS to avoiding mismatch notices, this article helps you ensure compliance, avoid scrutiny, and maintain a clean tax record.

Maximize your savings and simplify your ITR filing for FY 2024-25! Discover how to effectively utilize the Section 87A rebate and navigate the complexities of deductions under both the old and new tax regimes. This essential guide empowers you to make informed choices, accurately claim every eligible deduction, and confidently file your ITR to prevent any unwelcome tax notices.

Receiving an income tax notification can be intimidating, especially for salaried professionals. This comprehensive guide demystifies the reasons behind income tax notices in India, detailing common types (like 143(1), 139(9), 143(2), 148, and 156) and providing a step-by-step approach on how to respond effectively. Learn about discrepancies in income/TDS, defective returns, high-value transactions, and best practices to prevent such communications.

This blog post highlights crucial errors to avoid when filing Income Tax Returns for AY 2025-26 (FY 2024-25). It covers common mistakes like selecting the incorrect Assessment Year or ITR form, failing to report all income sources (interest, dividends, capital gains), discrepancies with Form 26AS/AIS/TIS, incorrect personal and bank details, and neglecting the mandatory 30-day e-verification window. The post emphasizes the importance of accuracy and reconciliation, concluding with advice to seek expert help from services like MyITROnline for a smooth filing experience.

Filing your AY 2025-26 ITR? Avoid 9 critical mistakes like wrong ITR forms, unreconciled AIS/26AS, missed deadlines, and incorrect regime selection. Ensure accurate, penalty-free filing with this guide.

This blog examines TDS rationalization in India, its effects on liquidity, and the advantages it offers to professionals, companies, and people. It discusses current developments, difficulties, and tax planning techniques for the 2025–2026 fiscal year.

To maintain tax compliance, encourage transparency, and identify tax evasion, the GST department uses Form 26AS, AIS, and ITR data in an integrated approach. To stay out of trouble with the law, taxpayers must make sure that their reports are correct and that they are regularly reconciled. Read this blog to understand the process, its effects, and how to maintain compliance.

This blog post unravels the mysteries of Form 26AS, a crucial document for a smooth ITR filing experience in India. It explains what Form 26AS is, the information it contains (TDS, TCS, tax payments, etc.), its importance in preventing errors and supporting claims, and the benefits of using it for tax planning and investment tracking. Additionally, the blog provides a guide on how to access your Form 26AS electronically.

This blog delves into the intricate details of Form 16 and Form 26AS, highlighting their respective roles in income tax filing. It offers comprehensive insights into the content, issuer, and utilization of these essential documents, empowering readers to navigate the tax filing process with confidence.