The due date for paying the fourth and final instalment for the financial year 2025–26 is on Sunday, 15 March 2026. Check who ...

From rules on TDS and TCS to pension reforms, ITR deadline extension for certain categories and new tax exemptions, one must be aware of these key changes from April 1.

The Income-tax Act, 2025 introduces Form 141 to replace Form 26QB from April 2026. The change aims to reduce reporting mistakes and simplify TDS compliance in property ...

With the deadline for the final advance tax instalment on March 15 approaching, taxpayers are rushing to clear their dues before the end of the financial year. Since the due date falls on a Sunday, ...

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One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26.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

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) ...

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.

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) ...

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

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.