The Income Tax Act, 1961, mandates that every taxpayer must link their PAN (Permanent Account Number) with Aadhaar to ensure compliance. Failure to link Aadhaar with PAN leads to an inoperative PAN, triggering higher Tax Deducted at Source (TDS) under Section 206AA. From 1st July 2023, as per CBDT notification, if a PAN is not […]
Income Tax Return (ITR)
Income Tax Return (ITR) – What you must do before you get your Form 16
If you are a salaried person, you would normally start thinking about filing your tax return after you get your Form 16 from your employer. Employers are bound to issue Form 16 to employees by 31 May 2018. #incometaxindia, #sgcservices However, this year you have to extra careful to ensure that you file your Income […]

