7th October – Due date for TDS / TCS payment for deductions / collections during September 2026 31st October – Due date of filing TDS / TCS Return for Quarter 2 of Tax Year 2026-2027 *Please… Read more »
The Central Board of Direct Taxes (CBDT), through Notification No. 121/2026 dated 22nd September 2026, has introduced the Income-tax (Fifth Amendment) Rules, 2026 to simplify TDS compliance for resident individuals… Read more »
The Income Tax Department has released a new version of the File Validation Utility (FVU) to validate TDS / TCS returns before submission. This updated version would address the following:… Read more »
The first quarter of Tax Year 2026-27 marked the beginning of compliance under the Income-tax Act, 2025. Being the first quarter under the new framework, taxpayers, software providers and the… Read more »
There are 6 types of corrections namely C1, C2, C3, C4, C5, C9. The following table briefly talks about each correction type: Type Corrections in: C1 Deductor details: All details… Read more »
7th August 2026 – Due date for TDS payment for deductions during July 2026 7th August 2026 – Due date for TCS payment for collections during July 2026 15th August… Read more »
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