ITAT ruled that denial of TDS credit due to a PAN mismatch between the deceased and the legal heir is unjustified. Once the income is taxed in the hands of the legal heir, the corresponding TDS credit ...
Cryptocurrency gains in India are taxed at 30% with 1% TDS under the VDA regime. Budget 2026 strengthens reporting rules, making accurate disclosure and reconciliation in ITR essential for ...
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Income tax rules 2026: Govt renumbers key forms, tax audit now form 26, PAN, TDS, ITR forms changed
One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...
Overview: Paper tax filing remains an option for taxpayers who prefer reviewing forms and details manually before submitting their return.The process includes d ...
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