« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  New cos Bill to provide stiffer penalties... Carrier Aircon wins excise case... » I-T form rules could prove troublesome to taxpayers July, 10th 2006 The latest income tax return Form 2F could unintentionally prove to be more of a hassle for taxpayers. While the form clearly states that no TDS certificate, proof of advance tax or self-assessment tax is required to be enclosed, there has been no concurrent change in the tax laws, which continue to require production of certificate for obtaining TDS credit.    The new form states that all documents and other evidences in support of the computation of the tax payable and the tax paid should be retained by the assessee for verification by the tax authorities, if necessary.    Tax experts, however, point out that despite the new form only requiring details of the TDS certificate rather than its physical attachment, the assessing officer could treat the return as defective if it was being processed for TDS credit.    Finance ministry officials said the new form did not require TDS certificate since the intention was to encourage taxpayers to file the returns in electronic format.