Tax Collected at Source under Goods and Services Tax Act 2017 and under Income Tax Act, 1961.
CA, CS, CMA : A comprehensive guide covering 175 legal compliances for July 2026 under FEMA, Income Tax, GST, SEBI, Companies Act, Labour Laws, ...
Income Tax : This guide explains the exclusive tax benefits, deductions, exemptions, concessional tax regimes, and compliance relief available ...
Income Tax : The Income-tax Act, 2025 replaces old TDS/TCS provisions with Section 395 and Form 128 while retaining the existing mechanism for ...
CA, CS, CMA : A complete guide to the major Income Tax and GST compliance deadlines falling in July 2026, including ITR filing, TDS/TCS, GST ret...
Income Tax : From 1 April 2026, TDS and TCS compliance shifts to new form numbers and section references under the Income-tax Act, 2025. Busine...
Income Tax : Rule 219 prescribes Forms 138, 140, 142–144, fixed quarterly due dates, special challan-cum-statements for specified transaction...
Income Tax : Rules 212–213 introduce Form 127 for buyer declarations to avoid TCS and Form 128 for obtaining lower or nil TDS/TCS certificate...
Income Tax : Stakeholder-wise and thematic overview of Budget 2026 tax reform proposals covering farmers, MSMEs, corporates, NRIs, exporters, a...
Income Tax : The C&AG’s audits ensure proper assessment, collection, and allocation of direct taxes, identifying evasion risks and improving ...
Income Tax : Learn about new rules restricting TDS/TCS correction statements under Income-tax Act Section 200(3) from April 2025. Key dates and...
Income Tax : The Chhattisgarh High Court held that TCS under Section 206C(1C) cannot be collected on compounding fees recovered from illegal mi...
Income Tax : The Chhattisgarh High Court ruled that TCS under Section 206C(1C) applies only to lease holders, licence holders, or persons grant...
Income Tax : The Supreme Court upheld that Section 206C(1C) applies only to lawful mining arrangements involving lease or licence. It ruled tha...
Income Tax : The High Court held that Section 206C(1C) applies only to lawful mining arrangements involving lease or licence. It ruled that com...
Income Tax : The Supreme Court declined to interfere with a High Court ruling that TCS under Section 206C(1C) does not apply to compounding fin...
Income Tax : The Finance Act, 2026 prescribes income-tax rates, surcharge, and cess for the assessment year 2026–27. It establishes the legal...
Goods and Services Tax : The advisory explains that registrations will be automatically suspended if bank account details are not furnished within 30 days....
Income Tax : CBDT Circular 9/2025 offers partial relief for higher TDS/TCS on inoperative PANs, extending compliance deadlines for taxpayers wh...
Income Tax : The Central Board of Direct Taxes notifies tax collection at source on the sale of certain goods exceeding 竄ｹ10 lakh, effectiv...
Income Tax : Latest income tax rule changes effective April 2025. Form 27EQ updated with new categories for tax collection at source on various...
Article explains Process for making Request for Nil/Lower Deduction/Collection Certificate (Form 13) in Offline Mode for Resident (Covered under Rule 28AB of Income Tax Rules, 1962) and Resident (Not Covered under Rule 28AB). It further explains Important information on Offline “Request for Form 13, Brief Steps of Offline Request for Form 13, Description for requested […]
Article contains E-Tutorial on Form 26QC Correction which includes Important Information for 26QC Correction, Brief steps for 26QC Correction, Description for Requested Status of 26QC Correction, Pictorial guide for 26QC Correction, Procedure for 26QC Correction with E-verify (Internet Banking), Pictorial guide for 26QC Correction with E-Verify (Internet Banking), Pictorial guide for 26QC Correction with DSC […]
Taxpayer can apply for 26QB refund from Assessment Year 2014-15 onwards. It is mandatory to validate the details by digital signature on TRACES to submit the Refund Request. Maximum refund amount will be the available challan balance. Article explains Important Information of 26QB Refund Request, Brief Steps of 26QB Refund Request and Pictorial Guide of […]
Article explains Passwords for TDS / TCS Deductor/Collectors and Taxpayers related to Registration, Conso File, Justification Report, Form 16/16A/27D/TBR, Intimation received through Email, Form 26AS and Form 16B. Passwords for Deductor Functionality Password Example Registration Password must contain a minimum of 8 alpha numeric characters with at least one capital letter. It is applicable for […]
Important Information : Step to Clear Browser cache memory While trying to login to TRACES, user gets error message: Request resource could not be found Or Site is down due to planned maintenance While doing KYC , site is not proceeding further to next step and no Error message is displayed . User logs-Out successfully […]
Article contains Tutorial for PAO on Registration and Login on TRAQCES portal, How to retrieve Password if you forget the same on TRACES Portal, How to view Dashboard & Profile, PAO – Statement Status for a TAN and View AIN – TAN Mapping. A. E -Tutorial PAO Registration and Login PAO Registration –Step 1 PAO […]
Article explains how to Request for Nil/Lower Deduction/Collection Certificate (Form 13) by Resident (Covered under Rule 28AB of Income Tax Rules, 1962), Resident (Not Covered under Rule 28AB of Income Tax Rules, 1962), Non Resident and Non Ordinarily Resident. Article also explains about Form 13 Submission with Mobile OTP. It further includes Important Information of […]
Article contains Important Information to view Default Summary Form of 26QC , Brief Steps to View Default Summary of Form 26QC and Pictorial Guide to View Default Summary of 26QC. 1. Important Information to view “Default Summary”of 26QC. Default summary consists detailed information about the defaults in “26QC Statement Cum Challan” filed by Tenant (taxpayer) […]
E-Tutorial contains Important Information for Form 26QC- Justification Report, Brief Steps for 26QC- Justification Report and Pictorial Guide for 26QC- Justification Report. 1. Important Information on “26QC- Justification Report ”. Only Tenant registered on “TRACES” can submit request for Justification Report. Request for Downloading Justification Report can only be submitted when 26QC Statement Cum Challan […]
E-Tutorial explains Important Information on How to Verify TDS Certificate, Brief Steps for Verifying TDS Certificate and Pictorial Guide on how to Verify TDS Certificate for Deductee. 1. Important Information on “Verify TDS Certificate”. Deductee can verify TDS Certificate (16/16A) with the help of “Verify TDS Certificate” option available at TRACES. Verification of TDS certificate […]
