The first quarterly TDS and TCS return filing under the Income-tax Act, 2025 is due on July 31, 2026, with new return forms ...

Explains new TDS/TCS forms, section references, Tax Year concept, revised TCS due date and Q1 compliance requirements under the Income-tax Act, ...

July is an important month for income tax compliance, with key deadlines for ITR filing, TDS and TCS deposits, quarterly ...

Bought a car costing more than ₹10 lakh? The 1% Tax Collected at Source (TCS) you paid at the time of purchase isn't an extra ...

Under the income tax rules, the seller of a motor vehicle is required to collect TCS at the rate of 1 per cent when the ...

Tax calendar: The new compliance calendar stretches the return filing season across four months, introduces hefty penalties for delayed audit reports and makes post-filing corrections more expensive.

A checklist of key ITR filing points covering disclosures, deductions, AIS reconciliation, tax credits, reporting requirements and relevant Income-tax Act ...

Form 168, notified under Rule 245 of the Income Tax Rules, 2026, is a comprehensive annual tax information statement ...