While the AIS aims to improve voluntary compliance in income tax filing, the system’s early-stage flaws are causing more ...

The legal heir needs to register on the income tax portal through his or her own PAN and then request permission to act on ...

Learn how to reconcile mismatches between Form 26AS and AIS for AY 2025-26. Avoid defective returns and scrutiny with a ...

For salaried employees, Form 16 is not only a regular form—it's the basis of your income tax return. Your employer issues it ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

Discover the top 10 tax deductions you can claim in your ITR for FY 2024-25. Save more by using these smart tax-saving ...

Learn how to read an income statement, break down revenue and expenses, and analyze a company’s profitability before investing.

Income Tax Returns, or ITRs, are annual statements that individuals and businesses must file with the Income Tax Department ...

ISLAMABAD: The Supreme Court held that the bank account and transactions do not necessarily form “definite income” of the ...

The Annual Information Statement (AIS) is a comprehensive tool for taxpayers, offering a detailed view of financial transactions beyond just TDS/TCS.

The Income Tax (I-T) department has released Excel-based utilities for Income Tax Return (ITR) forms ITR-2 and ITR-3 for ...