The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

If your rent crosses Rs 50,000 a month, there's more to do than just paying your landlord on time. A key TDS rule applies, ...

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...

The tax department has started looking closely into TDS defaulters on rent. Last year, the department sent notices to ...

It’s that time of the year when taxpayers start downloading the Annual Information Statement (AIS) and Form 26AS to file their income tax returns (ITR). It’s that time of the year when taxpayers start ...

New Delhi: December is an important month for taxpayers. From belated and revised ITR deadlines to advance tax payments and multiple TDS-related compliances, several key dates have been fixed. These ...

Income Tax Return: July 2024 is a crucial month as the deadline to file the income returns falls this month. Besides this deadline, there are a couple of more critical deadlines set by the Income Tax ...

You can access your challan online and use the correction facility to revise the assessment year within seven days of payment and update the major or minor head within 30 days ...

The government has proposed a key simplification in property transactions involving non-residents by allowing resident buyers to deduct and deposit TDS using a PAN-based challan, removing the ...