Responding to Income Tax Notices on High-Value Cash Transactions

Responding to Income Tax Notices on High-Value Cash Transactions The Income Tax Department is now employing various data analysis techniques to pinpoint those who have either failed to file their income tax returns or misrepresented their earnings. In light of…

New Annual Information Statement (AIS)

New Annual Information Statement (AIS) To help taxpayers get a comprehensive view of tax-related information, the income tax department has launched New Annual Information Statement (AIS) on its e-filing portal. It provides comprehensive information to taxpayers on their financial transactions.…

CBDT expands Form 26AS Information List

CBDT expands Form 26AS Information List The Central Board of Direct Taxes (CBDT) has expanded the Form 26AS information list to include more information such as off-market transactions, mutual fund purchases, foreign remittances, and more.  CBDT on October 26 issued…

Form 26AS – How to View & Download Form 26AS Online?

Form 26AS - How to View & Download Form 26AS Online? Form 26AS, also known as the Tax Credit Statement, is a crucial document issued by the Income Tax Department of India. It is a consolidated record of your tax…