Income Tax Refunds Delayed Due To Form 16 Mismatch: What Taxpayers Should Know

Tax experts clarified that refunds have been put on hold, not denied, and will move forward once the mismatch is resolved ...

5 things parents need to know about applying to Texas’ school voucher program

Texas families will soon be able to access public dollars to pay for private school under the new education savings account ...
Tax Guru

TDS Credit Cannot Be denied by CPC Without Proper Verification: ITAT Pune

The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ...

IRS Form 4562: How to Report Depreciation and Amortization

Learn how to use IRS Form 4562 to claim depreciation and amortization deductions for business property. Understand the criteria, asset types, and filing process.
Tax Guru

How Form 26AS helps you verify your Income Tax details before filing returns?

Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...

ITR Refund: Fake Tax Deductions Under Scanner; Sections In Focus And What You Should Do

Tax Dept finds fake deduction claims by refund agents, targeting RUPPs and charities. Penalties: 200% fines, prosecution. ITR ...