Tax Credits 26AS

  • Income Tax

50 % expenditure allowed from Consultancy services without proof of expenses

50 percent expenditure allowed from Consultancy services without proof of expenses in view of the provisions of section 44ADA ABACUS…

12 months ago
  • Income Tax

Credit for TDS inadvertently not claimed in return of income allowed by ITAT

Credit for TDS inadvertently not claimed in return of income allowed by ITAT holding that assessee should not be deprived…

12 months ago
  • Income Tax

New Form 26AS will desist taxpayers who conceal financial transactions – CBDT

New Form 26AS will desist those taxpayers who inadvertently conceal financial transactions in returns   Government of IndiaDepartment of RevenueMinistry…

4 years ago
  • Income Tax

CBDT notifies Form of Annual Information Statement to replace Form 26AS   

CBDT notifies Form of Annual Information Statement u/s 285BB by inserting rule 114-I. This will replace the existing Form 26AS…

4 years ago
  • Income Tax

Revision u/s 263 merely for difference in income as per P&L Account & TDS statement quashed

Revision 263 merely for difference in income as per P&L Account & TDS statement quashed as assessment order was not…

5 years ago
  • Income Tax

Download Tax Credit Mismatch report from income tax e-filing account

Download Tax/TDS Credit Mismatch report from income tax e-filing account Income Tax e-filing portal has enabled viewing and downloading report…

5 years ago
  • Income Tax

TDS credit for wrong PAN mentioned in TDS return by employer – ITAT Order

TDS credit for wrong PAN mentioned in TDS return by employer- ITAT directs Assessing Officer (AO) to give credit of…

5 years ago
  • Income Tax

Blind reliance on 26AS Statement to declare income or claim TDS puts you to what risks?

Blind reliance on 26AS Statement to declare income or claim TDS puts you to the risk of income tax notice…

6 years ago
  • Income Tax

Tax Credits 26AS-TDS on Immovable Property Sale us 194IA. How the information will appear for TDS us 194I 26QB Statement in 26AS of buyer, Seller

Tax Credits 26AS-TDS on Immovable Property Sale us 194IA. How the information will appear for TDS us 194I 26QB Statement…

8 years ago