The updated TDS provisions reorganize multiple earlier sections into a simplified framework covering salary, resident ...

Tenants paying over ₹50,000 rent must deduct TDS under Section 194-IB by March 31 or tenancy end. CA Chandni Anandan explains ...

March deadlines: advance tax payments due March 15, TDS certificate issuance by March 17, and international tax reporting by ...

The framework clarifies that relief from higher TDS/TCS applies only within specific timelines under CBDT circulars. PAN activation alone does not remove past demands ...

One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...

New TDS regulations in India have increased exemption limits for senior citizens and small investors. Key changes include raising the TDS threshold on bank interest to ₹1,00,000 for seniors and ...

Tenants paying over Rs 50,000 monthly rent must adhere to the tax deduction at source (TDS) rule under Section 194-IB of the Income Tax Act, 1961.

New Delhi: Previously, the income tax law had more than 800 sections. In the new system, the number of sections and chapters has been reduced to less than half. This means that understanding taxes ...

As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income Tax Returns (ITR), processing pending returns, or receiving refunds. An ...

Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules also apply to high-value rental payments. If you are paying more than ₹50, ...