Notably, Form 16 and Form 24Q both have undergone updation last month. The Central Board of Direct Taxes (CBDT) has once again extended the deadline for TDS statements. Photo: Pixabay The Central ...

One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.

A summary of total TDS deducted and deposited with the government is mentioned in Part A of Form 16. The Central Board of Direct Taxes (CBDT) has notified amendments in Form 16 — which acts as ...

Form 16: It is a certificate issued by an employer to its employees for each financial year, under Section 203 of the Income-tax Act, 1961. It has two sections—part A and B. Part A contains the ...

Form 24Q is a quarterly statement of deduction of tax in respect of salary for the quarters of the FY and is to be filed by the employer. The last date for filing income tax return (ITR), which is ...

You may get some more time to file your income tax returns in the current assessment year. The regular deadline of July 31 is expected to be pushed back this year on account of the recent changes ...

Form 16 is a certificate from your employer that has details of salary paid to you and TDS (tax deducted at source) on it. When it comes to ITR filing, Form 16 is perhaps, the most basic and important ...