The Income Tax Department has issued an advisory saying that you can only file TDS and TCS correction statements for Q4 of FY 2018-19 to Q3 of FY 2023-24, until March 31, 2026. So, if your bank, ...

The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...

Taxpayers are advised to track their return status on the income tax e-filing portal and wait for the intimation once it is generated.

This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay ...

Ahead of Budget 2026, there is a humble request to reform the existing TCS provisions. It is now crucial to avoid collecting TCS from bona fide, honest individual taxpayers who pay their taxes in good ...