Common Accounting Mistakes That Trigger Income Tax Notice
Every small business owner, startup founder, and salaried professional in India shares a common goal: growing their hard-earned money smoothly. But while you focus on sales, operations, or your career, a tiny slip-up in your books of accounts can quickly put you on the radar of the tax authorities.
All You Need to Know About Form 130 in Income Tax Act (Earlier Known as Form 16)
Now, under the new Income-tax Act, 2025 framework, Form 16 is being referred to as Form No. 130. While the name and structure are changing, the core purpose remains almost the same. Form 130 will continue to function as the salary TDS certificate issued by employers.