Tax Deducted at Source (TDS) is the tax deducted by the payer before they make certain payments. These include salaries, bank interest, or rent, to the payee. Sometimes, due to miscalculated ...

Investing in stocks can be rewarding, especially when you receive dividends. However, many taxpayers are caught off guard when Tax Deducted at Source (TDS) is deducted from their dividend income—even ...

The court held that delay in seeking a TDS refund could be condoned where tax was deducted due to an error, and directed authorities to examine the refund claim on ...

New Delhi:A Parliamentary panel, which examined the new Income Tax Bill, on Monday suggested that the Finance Ministry allows individual taxpayers to claim TDS refunds by filing I-T returns after the ...

Several taxpayers in India have not received their income tax refunds for the assessment year 2025-26, with delays attributed to verification errors and compliance checks.

The committee was headed by BJP MP Baijayant Panda, who presented the committee’s report on the Income Tax Bill 2025 in the Lok Sabha. The Income Tax Bill 2025 will replace the old Income Tax Act of ...

Banks or financial institutions deduct TDS on fixed deposits when the interest earned exceeds certain thresholds. September 15, 2025, last date for submitting the Income Tax Returns (ITRs) for the ...

New income tax laws grant companies extra time to deposit TDS, extending the deadline from 60 to 80 days after the original due date. Companies that fail to deposit the TDS by the return filing ...

The Bombay High Court has granted bail to Purushottam Chavan, husband of a senior IPS officer, and three others arrested in ...