Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...
On November 24, 2025, the Income Tax Appellate Tribunal (ITAT) in Kolkata provided relief to an employee who received a tax demand notice because his employer deducted Rs 14 lakh TDS from salary but ...
The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...
On December 23, 2025, the Delhi High Court turned down a plea from a senior citizen of Indian origin who was asking for condonation of delay (an extension) to file his income tax return (ITR). This ...
Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...
The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...
Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...