Businesses and tax deductors must file Q1 TDS and TCS returns by July 31, 2026 using the new return forms and revised section ...
Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, ...
Tax Deducted at Source (TDS) is a mechanism through which tax is collected in advance. Under this system, the payer deducts a specified amount of tax before making payments such as salary, bank ...
Taxpayers should still claim the TDS credit in their ITR even if it is missing from Form 26AS or AIS, say experts. The Income ...
July is an important month for income tax compliance, with key deadlines for ITR filing, TDS and TCS deposits, quarterly ...
AI Quick Read As income tax return (ITR) filing for assessment year (AY) 2026-27 gathers pace, many salaried taxpayers are relying on Form 16 issued by their employers to prepare their returns.
The Income Tax Department has started sending 'Total TDS' SMS alerts to taxpayers across the country. Why are you receiving ...
TDS Refund: If excess TDS has been deducted from your salary and the tax liability is less, then a TDS refund can be obtained ...