TDS is usually deducted by the employer from the employee’s wages, failing which the employee should know his/her rights to avoid losing money. The Delhi High Court decision further strengthen the employer’s absolute liability for depositing the TDS once deducted. Here are some precautions you can take as an employee to avoid such situations and what to do if you find your TDS has not been deposited:

This expert guide delves into the essential aspects of ITR filing deadlines and penalties to help you stay compliant and financially savvy.

In the context of Indian taxation, the role of the Karta, or head of a Hindu Undivided Family (HUF), involves unique financial responsibilities and implications. When the Karta transfers money to his HUF, this transaction has specific income tax consequences.

One of the key documents that simplifies ITR process is Form 16. Understanding the importance of Form 16 and knowing how to use it for ITR filing can make the entire process smoother and more efficient.

Understanding common mistakes to avoid in income tax filings can help you sidestep potential pitfalls and ensure a smoother tax filing experience. In this blog, we'll explore some of the most prevalent errors taxpayers make and provide guidance on how to steer clear of them.