TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...
Tax experts say the new rules will significantly influence how taxpayers file returns, disclose income, manage penalties and ...
To minimise tax deduction and maximise the benefit of government Tax saving schemes it is important to be punctual and complete filing and documentation before the Income Tax department's deadline. In ...
Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.
According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...
The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...
Tax Deducted at Source (TDS) is a crucial taxation mechanism that ensures that taxes are collected from the source of income. It acts as an advance tax that is deducted by the payer while making ...
Union Budget 2026 by Nirmala Sitharaman eases tax compliance, lowers TCS rates, and boosts investment access for PROIs and non-residents. Discover key reforms.
Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...