
With over 35 Years of Experience in Taxation and Insurance, I have developed a reputation for honesty, integrity, and expertise. Since 1997, I have focused on Life Insurance, Health Insurance, Vehicle Insurance, and Income Tax Return Filing. Prior to that, I worked with central excise, customs, and service tax (indirect tax) from 1982.
Taxpayers should still claim the TDS credit in their ITR even if it is missing from Form 26AS or AIS, say experts. The Income Tax Act protects deductees where tax has been deducted but not deposited by the deductor.
Filing income tax returns early increases processing likelihood but does not guarantee faster refunds. Successful e-verification and matching tax records are crucial for timely refund processing. Pre-validating bank accounts and avoiding complex disclosures expedite the refund process.