The Income-Tax (I-T) Department has launched its revamped and upgraded TDS Reconciliation Analysis and Correction Enabling System website i.e. TRACES portal aimed at providing single window access to ...

Wrong financial year in TDS challan can block tax credit. Here's how taxpayers can correct the error using old TRACES portal during transition ...

Taxpayers can now view the foreign financial account information received by the Indian tax authorities directly from ...

The new 'Receipts not in the nature of income' field helps taxpayers distinguish capital receipts from exempt income and report non-taxable receipts under the appropriate category.

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement reflecting all tax-related and specified financial transactions linked to a ...

Taxpayers can avoid filing troubles by checking their records and tax choices well before the deadline. Early preparation can ...