Investors of 2018 GOI Savings Bonds face tax issues as RBI deducted TDS on full interest at maturity. Expert suggests using ...

Overview Many businesses in India pay TDS separately on Google Ads payments due to tax regulations.Google allows advertisers to recover the deducted amount by s ...

Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...

In its post-Budget memorandum on the Finance Bill 2026, the Bombay Chartered Accountants’ Society (BCAS) has urged the ...

Under Section 194-IB of the Income Tax Act, 1961, individuals or Hindu Undivided Families (HUFs) paying rent above Rs 50,000 per month to a resident landlord are required to deduct tax at source (TDS) ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

The Bombay High Court ruled that limitation under Section 201(3) must be calculated based on the financial year in which each quarterly TDS statement is filed. The decision confirms that annual or ...

The legal heirs are responsible for filing the return of income from 1st April till the date of death of the deceased and ...

Tenants paying over Rs 50,000 monthly rent must adhere to the tax deduction at source (TDS) rule under Section 194-IB of the Income Tax Act, 1961.

As the financial year draws to a close, millions of salaried taxpayers across India enter a decisive phase. What was once a routine process of submitt.

The Delhi High Court held that the Assessing Officer cannot deny refund interest by attributing delay to the assessee. The decision clarified that only higher authorities specified in Section 244A(2) ...

The rule applies to individuals, professionals, freelancers, and businesses whose total tax liability exceeds ₹10,000 after accounting for tax deducted at source (TDS) or tax collected at source (TCS) ...