From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Businesses must use the correct forms based on the transaction date to avoid ...

Tax Deducted at Source (TDS) is a way through which tax is collected in advance by deducting a certain amount from specified payments. The person making the payment deposits the deducted tax with the ...

As the income tax return (ITR) filing season for Assessment Year (AY) 2026-27 gets underway, many taxpayers are looking for ways to recover excess tax deducted at source (TDS). In several cases, the ...

Banks and other entities deducting tax at source are required to file quarterly TDS returns through Form 26Q for the March 2026 quarter by May 31, 2026. Until those statements are filed and processed, ...

ITR Filing: Filing a return has become simpler, it has also become easier to make mistakes. Taxpayers must file ITR for FY 2025-26 with updated forms and reporting rules Gather documents like Form 16, ...