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 ...
Taxpayers attention! Form 16 and Form 24Q formats changed; some other major updates in CBDT circular
The Central Board of Direct Taxes (CBDT) has issued a new circular, which states the new rules for tax deduction from salary under section 192 of the Income Tax Act, 1961. It also includes the changes ...
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.
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 ...
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 ...
The Income Tax department has revised Form 16 by adding various details, including income from house property and remuneration received from other employers, thereby making it more comprehensive to ...
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Income tax changes from April 1: Form 16, 26AS and more to get new numbers from new FY - New rules explained
The income tax filing framework is ready for a structural shift, starting April 1, 2026, with several commonly used forms being assigned new identification numbers. The move comes in line with the ...
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