Banks, companies, employers, and other institutions deduct TDS at the rates prescribed under the Income Tax Act, 1961, even ...

Form 13 is a facility that enables a salaried person or an individual taxpayer to avoid excess TDS deduction, and the ...

Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for applying for lower or nil rate of TDS deduction for FY 2025-26.

Form 16 provides details of the deducted tax amount and submission date and helps in ITR filing by ensuring accurate income ...

Karnataka High Court held that interest under section 201 of the Income Tax Act and late filing fee under section 234E leviable for non-deduction of TDS from sale consideration paid to Bengaluru ...

Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...

Form 16 is a TDS certificate issued by employers to outline the salary earned and TDS deducted on the same in a given fiscal ...

Form 16 is a certificate issued by an employer to employees, which contains details of the employee’s salary and the tax deducted at source (TDS) during the financial year. Essentially, it serves as ...