Why Your Tax Refund is Delayed and How to Resolve It
Filing your Income Tax Return (ITR) on time is crucial, but receiving your tax refund promptly is not always guaranteed. Various factors can cause delays in the refund process, which…
CBDT relaxes provisions of TDS/TCS in event of death of deductee/collectee, before linkage of PAN and Aadhaar
The Central Board of Direct Taxes (CBDT) has issued Circular No. 8 of 2024 on August 5, 2024, providing relief regarding the provisions of Tax Deducted at Source (TDS) and…
What to Do If TDS Is Not Correct in 26AS?
Tax Deducted at Source (TDS) is a crucial aspect of tax compliance in India. Both Form 16 and Form 26AS are essential documents for filing Income Tax Returns (ITR). Form…
What is the difference between direct and indirect taxes in India?
In India, taxes are broadly classified into two categories: direct taxes and indirect taxes. Let's break down the differences in simple terms: Direct Taxes: Definition: Direct taxes are paid directly…
