Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, ...

The first quarterly TDS and TCS return filing under the Income-tax Act, 2025 is due on July 31, 2026, with new return forms ...

Businesses and tax deductors must file Q1 TDS and TCS returns by July 31, 2026 using the new return forms and revised section ...

Important ITR, TDS, TCS and Tax Filing Deadlines. The Income Tax Department has scheduled key compliance dates on July 7, July 15, July 30 and July ...

July is an important month for income tax compliance, with key deadlines for ITR filing, TDS and TCS deposits, quarterly ...

ITR filing 2026: If you purchased a car with an ex-showroom price exceeding ₹10 lakh, you would have paid 1% Tax Collected at Source (TCS) at the time of purchase. While many buyers assume this is an ...

The month of July is crucial for income tax payers as several tax compliance deadlines fall this month. If you're employed, in business, or regularly file tax returns, it's important to keep an eye on ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement reflecting all tax-related and specified financial transactions linked to a ...

Under the income tax rules, the seller of a motor vehicle is required to collect TCS at the rate of 1 per cent when the ...

A checklist of key ITR filing points covering disclosures, deductions, AIS reconciliation, tax credits, reporting requirements and relevant Income-tax Act ...