The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

CBDT extends Form 16 and Form 16A issuance deadline to March 31 for Q3 FY26 amid IT portal glitches; penalty protection for deductors.

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If ...

Income tax calendar: Income tax last dates are not limited to just the ITR filing deadline, and taxpayers have to keep a tab ...

Misclassification between TDS codes under the new law may lead to 30% expense disallowance. The key issue is whether wrong code equals non-deduction under Section ...

ITR forms for AY 2026-27 are out, but taxpayers can’t file returns yet. Filing is expected to start around June only, while ...

The tax department said several representations were received regarding delays in generating TDS certificates due to system-related issues on the portal, which made it difficult for deductors to issue ...

With the new financial year 2026–27 underway, salaried individuals are once again preparing for income tax compliance. While ...

People turning 60 at any point during the financial year can now claim senior citizen benefits for the full year while filing ...

The Central Board of Indirect Taxes and Customs (CBIC) has put up a number of tweets regarding the last due date for filing ...