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Form 16 Revised Format: Changes, Why?

Form 16 is a certificate issued by employers, giving details of employees’ TDS (tax deducted at source) usually by mid-June and is used in filing I-T returns. When it comes to ITR filing, Form 16 is perhaps, the most basic and important document for salaried...

Income Tax Notice for Inconsistency in Salary Income and Form 26AS

On 6 May 2018, many salaried employees got an Income Tax Notice, a notification from IT department regarding inconsistency between salary income and Form 26AS in ITR. First, relax you are not alone. Thie article talks about What does Income Tax Department consider as...

Difference between PAN, TAN and TIN

Every industry has its own jargon, abbreviations. In India, three numbers or abbreviations that are related to financial transactions are  PAN, TAN, and TIN.  PAN stands for Permanent Account Number, TAN stands for Tax Deduction Account Number and TIN stands for...

e-Nivaran: To raise and track Income Tax related Grievances Online

Aiming for prompt and proficient management or resolution of complaints, Income Tax Department has launched e-Nivaran, a unified grievance handling mechanism. This article discusses what is e-Nivaran, how you can raise Grievance with e-Nivaran and track any problem...
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