Newz 26 AS form

CBDT has recently brought out the new form 26AS for ease of filing of Income Tax Returns(ITRs)by taxpayers.The new form is a faceless handholding of taxpayers,to help them with updated financial transactions,so as to facilitate voluntary compliance &easy e-filing more

Helpful Tax, Investments and Retirement Jul 18

Viewed by 234

Bidyut Chatterjee (I am a retired Air Force Officer)

This is OK for salary earners and pensioners. How about for those in business and professionals. I mean Doctors and Lawyers and all such people. How'll government check their income and tax payment more

Jul 19

Gloria Joseph

I used to wonder why this form does not provide all the info when we are giving our pan card number for all the transactions. Hopefully this new form will have all the details so that it will be easy for filing tax returns. more

Jul 18

Ramesh Mital

Thanks, Useful information. Regards. more

Jul 18

H.P. Gurg

Let us wait and watch,how useful it is for Tax payer and the Tax Dept. more

Jul 18

Post a Comment

Unfair practice by IT Deptt,
I had filed my income tax return for the assessment year 2021-22 under section 139(1) i.e., filed on or before the due date, and claimed the refund of Rs. 5000 plus. The same was acknowledged by th...

By Indu Bhushan Bhargava

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Income Tax Refund Delay
I am a senior citizen and filed my return on the 18th Oct but till date (23rd Dec) I have not recd my refund. I have called their Helpline no also many times. They say they will lodge my complaint ...

By Neeru Sood

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Senior Citizens retirement plans going for a toss
For bank fixed deposits in India: 2016: 9.3% interest 2019: 8% interest 2021: 5.5% interest Senior citizens retirement plans must be under water unless they did enough ...

By Aditi Jain

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New Income Tax Portal System
God news. A lot of time has been vested. In the Court, it may be advised that any future such new thing must be tested in all respect and by all stakeholders, before the due date I.e. 31/03 in this...

By Hasmukh Sangani

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Why income details must be given to broker
Always wondered, why does an investor have to fill in income details with the broker? I buy shares if I have money. I do not need to have an income. And PAN number is a must. So why do you add this...

By Aditi Jain

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Bad news for small savers
There won't be any cut in interest rate of Small savings schemes . Yesterday's decision to lower the interest rate is REVERSED

By Jayanti Natarajan

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Bad news for small savers
Rates on small savings schemes reduced by 50-90 basis points. PPF in April-June quarter to earn you only 6.4% interest against 7.1% earlier. Senior Citizens Savings Scheme to earn on 6.5% now compa...

By Vikram Gupta

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Secured earning for Senior Citizens
I raised this point on earlier occasions also. No relief seen in any budget. I made a suggestion as follows: There are some schemes exclusively for the benefit of Senior Citizens like Se...

By SN Sitaram

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Rounding off the amount in Bills
Request guidance as to which is the appropriate circle & authority to whom i can complain regarding the below mentioned issue: Lately with many of my relatives and friends staying in Gurga...

By Manas Hazarika

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Great news for seniors
Senior Citizens (above 75 years) who get pension and interest income only are exempted from filing returns

By Azam Yusuf

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The Govt salutes honest and compliant tax payers
Recently our CBDT isued a press release saying it cannot punish compliant and honest tax payer by extending various due dates for the assessee who are dishonest, lazy and non compliant and our secu...

By SUBHASH PARAKH

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