The Tribunal held that TDS credit cannot be denied when Form 16 confirms deduction and deposit of tax. The AO was directed to grant full credit after ...

Many salaried employees are waiting to receive Form 16, a TDS Certificate, from their employer. Form 16 is an important TDS certificate that contains details of the salary income paid to the employee ...

Form 16 is the certificate issued by an employer in India that summarises the salary paid to an employee and the taxes withheld on such salary.(Photo by Romain Dancre on Unsplash ) Q. I am a ...

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for ...

The due date for filing the Income Tax Return (ITR) is fast approaching and many salaried taxpayers are fretting over not receiving Form 16 from their employers. Though employees expect to receive the ...

The Tribunal held that an assessee is entitled to TDS credit if the tax was deducted at source, even if the employer failed to deposit it or issue Form 16. Tax authorities cannot penalize the employee ...