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

From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Businesses must use the correct forms based on the transaction date to avoid ...

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 ...

For salaried individuals, pensioners and taxpayers whose accounts are not required to be audited, July 31 is the due date to ...

In a move that eases the burden on taxpayers and businesses, the Central Board of Direct Taxes (CBDT) has announced relief for those who received tax demand notices for short deduction or collection ...

Salaried individuals awaiting Form 16 for ITR filing can still proceed without it. Employers must issue this TDS certificate ...

Income Tax compliance deadlines for July 2026 under the Income-tax Act, 2025, key TDS, TCS, reporting and filing dates ...

The landmark Income-tax Act, 2025, which replaced the six-decade-old 1961 law, promised simplicity by eliminating provisos and explanations. But according to O.P. Yadav, former Principal Commissioner ...

In a relief to Income Tax deductors and collectors, Central Board of Direct Taxes (CBDT) has widened the window for avoiding adverse consequences arising from inoperative PANs (Permanent Account ...

July is one of the busiest months in the income tax calendar, with multiple compliance deadlines falling before the ITR ...