ITAT ruled that denial of TDS credit due to a PAN mismatch between the deceased and the legal heir is unjustified. Once the income is taxed in the hands of the legal heir, the corresponding TDS credit ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26.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, ...

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 ...

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.

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 ...

New income tax rules for 2026-27 propose redesigned ITR forms with more pre-filled details, aiming for simplification. Eligibility criteria for simplified forms like ITR-1 and ITR-4 have been adjusted ...

Bank FDs offer fixed and steady returns, unlike market-linked instruments such as stocks and mutual funds. However, making ad hoc investments in FDs may not be an effective approach.

Jones returned a pair for punts for touchdowns and became the NFL’s all-time punt return average leader (14.3 yards for his ...

The Giants‘ re-signing of 6-7, 340-pound right tackle Evan Neal, on the heels of adding 6-3, 300-pound Ravens All-Pro ...

FD vs NSC: Which Is Better for a 5-Year Investment? When planning an investment, most people focus on two key factors: safety and reliable returns. In India, two popular options that meet these ...

Discover why the Giants’ biggest 2026 free agency mistake was letting Wan’Dale Robinson walk and how it impacts Malik Nabers’ offense.