The Tribunal ruled that TDS credit can be granted even if not fully reflected in Form 26AS, subject to verification. The deductee should not be penalized for the deductor’s failure to deposit ...

From April 1, 2026, India’s income-tax forms including Form 16 and Form 26AS will get new numbers under the Income-tax Act, ...

The High Court set aside a tax demand arising from foreign tax credit mismatch because no valid intimation under Section 143(1) was produced or served. It held that recovery cannot be enforced without ...

In December, the Income-tax Department sent SMS and email alerts flagging mismatches in reported income and non-disclosure of ...

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 ...

No interest is payable if the refund amount is less than 10 percent of the tax determined under section 143(1) or pursuant to regular assessment ...

PSU stocks like SBI, Coal India, ONGC giving massive dividends in 2026. But Budget ended interest deduction — your net ...

Tax relief and tax rebates are often confused. Learn how they differ, who qualifies and what each option can — and can’t — do for your taxes.

A relatively new tax credit in Colorado that is only given when state revenues meet a certain level will be available this filing season. The Family Affordability Tax Credit is available to ...

(NEXSTAR) – Tax season is back again, and with the possibility of receiving a “very large” refund, you may be looking to take advantage of whatever credits and deductions you can. There’s one ...

DENVER (KDVR) — The Colorado Department of Revenue revealed on Wednesday how much eligible Coloradans can receive through its PTC Rebate Program and unveiled a new tax credit for Coloradans with ...