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March 31, 2025, is deadline to claim pending TDS credit for these past years: Ask bank, deductor to revise TDS return

Did you ever face the situation where the bank or employer or others deducted the correct amount of TDS but somehow it failed to appear in your Form 26AS or Annual Information Statement (AIS)? One ...

Tax dept denies Rs 73 lakh TDS credit as taxpayer, being unaware, did not claim it in ITR; ITAT Mumbai gives relief to taxpayer

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must provide TDS credit shown in Form 26AS. This decision came after a taxpayer ...
The Financial Express

Budget makes NRI property transactions easier in India – How you can benefit

Budget 2026 simplifies NRI tax compliance by removing TAN requirements for property sales, extending return filing deadlines, and streamlining TDS procedures for smoother Indian investments.
Tax Guru

26 Important Income-tax Proposals in Union Budget 2026

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...