Amazon sellers can claim reimbursement of TDS deducted on advertising and MCF fees by submitting Form 16A. Proper filing and documentation ensure recovery of deducted ...

New Delhi: Previously, the income tax law had more than 800 sections. In the new system, the number of sections and chapters has been reduced to less than half. This means that understanding taxes ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...

New Delhi: For small tax payers, Finance Minister Nirmala Sitharaman announces simpler TDS processes, extended return revision timelines, and staggered ITR deadlines.

The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...