The Income-Tax (I-T) Department has launched its revamped and upgraded TDS Reconciliation Analysis and Correction Enabling System website i.e. TRACES portal aimed at providing single window access to ...
Taxpayers can now view the foreign financial account information received by the Indian tax authorities directly from ...
Wrong financial year in TDS challan can block tax credit. Here's how taxpayers can correct the error using old TRACES portal during transition ...
The move is intended to improve voluntary tax compliance and reduce inadvertent reporting errors ...
The new 'Receipts not in the nature of income' field helps taxpayers distinguish capital receipts from exempt income and report non-taxable receipts under the appropriate category.
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