Baniya Associates

How to File ITR Without Form 16 (Complete Step-by-Step Guide)

file itr without form 16

Filing your ITR (Income Tax Return) is an essential responsibility for every taxpayer in India. However, many salaried individuals often face confusion when they don’t have Form 16. If you’re wondering how to complete your ITR filing without this document, don’t worry, you can still file accurately with the right information. What is Form 16 … Read more

ITR Filing 2026: New Rules, Due Dates & Common Mistakes

itr filing

Filing your income tax return is an essential responsibility for every taxpayer, and ITR Filing in 2026 comes with a few important updates. Whether you are a salaried employee, freelancer, or business owner, understanding the latest rules and deadlines can help you avoid penalties and ensure smooth compliance. The financial year 2025-26 brings changes in … Read more

TDS Master Table 2026-27: Complete TDS Rates, Sections & Chart (Income Tax Act 2025)

The income tax act plays a crucial role in shaping how taxes are collected and managed in India, especially through mechanisms like TDS (Tax Deducted at Source). With the introduction of updated provisions, understanding TDS has become essential for both individuals and businesses dealing with regular financial transactions. The updated framework under the income tax … Read more

TDS Applicability in India: Complete Guide for FY 2025–26

TDS applicability in India for FY 2025-26 covering salary, rent, GST, 194Q and 194R

TDS Applicability is one of the most important concepts under the Indian Income Tax Act, 1961. Tax Deducted at Source (TDS) ensures timely collection of tax by deducting it at the point of income generation. Understanding TDS applicability helps individuals and businesses remain compliant, avoid penalties, and plan their taxes efficiently. This guide explains TDS … Read more

TDS Rate: Complete Guide with TDS Rate Chart F.Y. 2025–26

Tax Deducted at Source (TDS) is one of the most important mechanisms under the Indian Income Tax Act to ensure timely tax collection. Understanding the correct TDS rate is crucial for businesses, professionals, and individuals to remain compliant and avoid penalties. With the new financial year approaching, taxpayers must be aware of the tds rates … Read more

Benefits of Filing Income Tax as per Slab for FY 2025–26

Benefits of filling income tax slab for 2025–26 go far beyond mere legal compliance. Filing income tax returns on time helps individuals build financial credibility, claim tax benefits, avoid penalties, and plan wealth effectively. With updated rules and revised income tax slabs 2025-2026, taxpayers must understand why choosing and filing under the correct slab is … Read more