income

Reporting income/assets etc. in the ITR should be matched with Annual Information Statement (AIS). As through system checks and reconciliation runs, using technology for ITR processing might trigger even small gaps, errors or incorrect claims and may lead to prompt questions.

TDP Tops income Charts, YSRCP Leads Spending, BRS income Plunges 82%

In a landmark decision, the income Tax Appellate Tribunal has overturned an erroneous denial of TDS credit to a taxpayer whose earnings were captured through Form 26AS. The tribunal asserted that acknowledging TDS credits is an essential step in preventing the injustice of double taxation.

Many salaried taxpayers are already gearing up to submit their returns, hoping to finish the process early, receive refunds sooner or avoid the usual rush closer to the deadline. But before rushing to file, there is one crucial question taxpayers should consider.

Every crisis reminds us that markets can swing like a pendulum between greed and fear. Fixed income offers comfort in those phases and does its job as a stabiliser.

At 71, Anupam Kher reflects on his career, highlighting how his bold debut in 'Saaransh' defied warnings of typecasting. He credits his grounding to measuring success against his humble beginnings, not comparing past achievements. Kher is currently engaged with his play 'Jaane Pehchaane Anjaane'.

N Bhujanga Rao, an accused in the phone-tapping case, has been booked by the ACB in a disproportionate assets case. Simultaneous searches are underway at 13 locations as officials found he possesses assets exceeding his known income. Rao had previously been in judicial remand for his alleged role in the phone tapping scandal.

June begins with minor setbacks, testing Sagittarian patience, but soon brings opportunities for strategic planning and improved social connections. Career and income see significant growth by month's end, though mental peace requires careful management. Relationships deepen through practical teamwork, and family support remains a cornerstone. Financial gains are possible, but discipline is key.