Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...

The amendment clarifies that guidelines issued to resolve TDS/TCS difficulties are binding on both tax authorities and deductors. This ensures uniform application and reduces interpretational ...

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

Budget 2026 delivered significant relief through a rationalisation of TDS and TCS provisions. The TCS rate on overseas tour ...

The Finance Bill, 2026 exempts interest income paid to co-operative banks from TDS. The move aligns the law with earlier provisions and eases compliance for the co-operative banking ...

FM Nirmala Sitharaman presented her ninth Budget today. During her speech, she made a key income tax announcement on filing ...

Key dates for issuing certificates under Section 194-IA, 194-IB, 194M, 194S and Form 24G compliance for tax deductors.

From issuing TDS certificates to submitting mandatory statutory forms, these compliance dates play a key role in ensuring ...

Key Budget 2026 questions answered as the government rolls out income-tax reliefs and compliance reforms to simplify ...

While some proposals were aimed at providing relief to common taxpayers and easing compliance, others like STT hike will ...

Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...