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How to Calculate the Provision for Income Taxes on an Income Statement

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

Deadline to file TDS/TCS correction statement announced: File your request on time or risk missing credit in Form 26AS or AIS

The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
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TDS mismatch in Form 26AS: Income Tax Department withholds Rs 1.5 crore tax refund - how taxpayer approached High Court and won case

Not getting an income tax refund due to TDS mismatch in Form 26AS? A new Allahabad High Court ruling may work in your favour. The Allahabad High Court has issued a ruling on October 8, 2025, clearly ...

Germany, France stand by 2023 tax reform deadline

The German government stands by the goal of implementing a global corporate tax reform drafted last year as scheduled on Jan. 1, 2023, Finance Minister Christian Lindner said during a meeting with his ...