The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...

November brings with it several compliance deadlines, including those for TDS deposits, AY 2025-26 Income Tax Return (ITR) filing under Transfer Pricing regulations, and Form 27C submission ...

A resident donating to a foreign charity like the German Red Cross must check tax implications in India—especially TDS, DTAA ...

Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...

Individuals must pay advance tax in instalments if their total tax liability for the year surpasses Rs 10,000 after TDS/TCS ...

Advance tax must be paid in instalments if liability exceeds Rs 10,000; key dates, errors, senior citizen exemptions, and ...

Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...

Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...

ICAI’s proposal for optional joint ITR for couples faces hurdles in policy, technology, and administration. Here’s why the government remains ...

Importantly, if PAN-Aadhar linking is not done before the deadline ends, PAN will become inoperative from the very next day.

The proposals include extending tax neutrality to LLP restructurings, revising TDS on partners’ remuneration, and incentives ...

November brings a fresh round of tax compliance deadlines for individuals, businesses, and government offices. From TDS ...