The Central Board of Direct Taxes (CBDT) has issued a new circular, which states the new rules for tax deduction from salary under section 192 of the Income Tax Act, 1961. It also includes the changes ...

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.

ITR Filing without Form 16: Almost all salaried taxpayers wait for their employers to hand over Form 16 to them for filing income tax return (ITR). Though Form 16 makes it easier to file tax returns ...

Salaried individuals who file income tax returns annually should take note of key changes introduced by the Income Tax Department in the format of Form 16—the document that outlines salary, tax ...

Form 16 Part A: Details of the TDS that is collected and deposited every quart, as well as the employer's PAN and TAN, are provided in Part A of Form 16. Taxpayers also need to keep their bank ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

Getting Form 16 from your employer makes life easier for a salaried individual when filing income tax return (ITR), according to an Economic Times article. Representational The Form 16 shows the ...

We often think that Form-16 is only used for filing tax returns. Most employed people receive it every year from their ...