Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

Tax deducted at source (TDS) is the practice of reducing tax evasion and spillage by making it mandatory to deduct TDS from payments at pre-defined rates. Whether your employer pays you salary, or ...

Income Tax Calendar May 2024: Taxpayers should note that the month of May will see several tax-related deadlines and tasks to avoid paying penalties, penal interest, and others. May is a critical ...

New Delhi: December is a crucial month for taxpayers as it marks the final stretch for several important financial and tax-related deadlines. From filing belated or revised income tax returns to ...

Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages ...

The income tax department will deny TDS credit and flag your ITR if it detects discrepancies between the TDS information reported in your return and that provided by the deductor. Ensuring accurate ...

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax ...