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 ...

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 ...

The Central Board of Direct Taxes (CBDT) has extended the deadline for issuing TDS certificates for the quarter ending December 31, 2025. The new deadline has been set as March 31, 2026, following ...

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

Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...

The law replaces Form 26QE with Form 141 for VDA transactions from April 2026. Taxpayers must follow the new challan-cum-statement system for TDS ...

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 ...

Under the provisions of the Income-tax Act, 2025, tax deducted at source (TDS) applies to payments made in India that are chargeable to tax. The obligation to deduct TDS lies with ...