CA, CS, CMA : Stay compliant with India’s 175 key legal obligations across FEMA, IT, GST, SEBI, Companies Act, Labour Laws, and RERA for Decem...
Income Tax : The courts confirm that once tax is deducted at source, recovery from the employee is barred by law, and the employer alone is res...
Income Tax : A clear breakdown of when TDS applies to life insurance payments, threshold limits, rates, exemptions, and how income is computed ...
Income Tax : A comprehensive overview of the revamped TDS structure, detailing how the Act reorganizes withholding rules and clarifies rates, t...
Goods and Services Tax : A comprehensive overview of all Income Tax and GST deadlines falling in December 2025, including extended return-filing dates and ...
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 : CPC (TDS) reminds deductors to file TDS Statement 26Q for Q2 FY 2024-25. Late/non-filing may attract fees and affect TDS credit fo...
Income Tax : Join us for an insightful session with CA Bikash Bogi, a seasoned tax expert with over 15 years of practical experience, as he bre...
Income Tax : Stay updated on TDS/TCS filing due dates for FY 2024-25 and download the latest RPU (v5.4) and FVU (v8.9). Key changes and assista...
Income Tax : Karnataka HC confirms that compensation for land acquired under National Highways Act after 01.01.2014 is fully exempt under Secti...
Income Tax : ITAT ruled that Section 201 proceedings initiated beyond four years are legally untenable. Since the 201(1) order for AY 2016-17 w...
Income Tax : The Tribunal held that exemption under Section 13A does not automatically relieve the payer from deducting TDS on interest paid to...
Income Tax : Tribunal holds that selling goods below cost does not create marketing intangibles and cannot be capitalised as brand-building exp...
Income Tax : The Court held that delayed TDS deposit and the petitioner’s role as Managing Director raise factual issues requiring trial, rej...
Goods and Services Tax : The advisory explains that registrations will be automatically suspended if bank account details are not furnished within 30 days....
Finance : All TDS deductions under Sections 194A, 194H, 194EE, and 194N will now be recorded at CPRC, streamlining reporting and compliance....
Income Tax : CBDT Circular 9/2025 offers partial relief for higher TDS/TCS on inoperative PANs, extending compliance deadlines for taxpayers wh...
Income Tax : Finance Ministry exempts ICRISAT from TDS under Section 197A(1F) of Income Tax Act, effective from publication date. Exemption ali...
Income Tax : A new finance ministry notification grants TDS exemptions for specific payments to International Financial Services Centre (IFSC) ...
ITAT Delhi partly allows BSNL’s appeal but upholds interest levy u/s 201(1A) for delayed TDS deposit. Check the details.
During the course of a survey, it was seen that the assessee had defaulted in deducting tax at source on interest paid to AGE Patel Joint Venture (JV) in Financial Year (FY) 2016-17 on Mobilisation advance and Machinery advance.
The petitioner raised bills on respondent No.4 based on the works executed from time to time, TDS @ 2% on the total value of the bills were recovered by respondent No.4 for the value of works executed in the State of Telangana and Maharashtra.
Bombay HC dismisses Revenue appeal vs Vodafone Essar (AY 08-09). Upholds ITAT view: Call centre payments fall under TDS Sec 194C (work), not 194J (technical).
Updated TDS & TCS rates from April 1, 2025. Check applicable thresholds, deductions, and compliance requirements for various payments under the Income Tax Act.
Explore the major amendments in Finance Act, 2025 compared to 2024, covering Income-tax Act changes, compliance updates, tax reforms, and implications.
CBDT circular allows waiver of TDS/TCS interest under sections 201(1A)/206C(7) due to technical errors. Details on eligibility and application process.
Rajasthan High Court quashes income tax reassessment for NRI property purchase. Learn why source of funds matters in tax cases.
Introduction Tax Deducted at Source (TDS) is a crucial mechanism for collecting taxes at the point of income generation. The Indian government frequently revises TDS provisions to streamline tax collection, increase compliance, and reduce the tax burden on individuals and businesses. This article highlights the latest updates in TDS for 2025, including revised threshold limits, […]
CBDT notifies the Income-tax (Seventh Amendment) Rules, 2025, updating Forms 26Q and 27Q to include Section 194T on payments to firm partners.
