New Form 26AS notified with effect from 1 June 2020

Form 26AS is an annual statement stating the tax payment details including…
TDS return

Finance Minister Announces 25% Rate Reduction on TDS and TCS

The Finance Minister Nirmala Sitharaman made an important tax-related announcement in a…

No adjustment of IT refund up to Rs 5,000 against outstanding demand

Every taxpayer looks forward to speedy processing of their income tax refunds.…

Economic Slowdown Affects Advance Tax Collection Targets

Though a steep revenue collection goal set for 2019-20, the advance tax…

Second instalment of advance tax due by 15th September 2019

The due date to pay the second instalment of advance tax for…