Section 194M, introduced in the Budget of 2019, specifically targets individuals and Hindu Undivided Families (HUFs) who were previously exempt from TDS obligations. This section mandates TDS deductions on payments… Read more »
Tax Deducted at Source (TDS) & Tax Collected at Source (TCS) compliance is a crucial responsibility for all deductors and collectors. While the process is straightforward, common mistakes can lead… Read more »
15th February 2025 – Due date for issuance of TDS Certificates for Q3 of FY: 2024-25 7th February 2025 – Due date for TDS / TCS payment for deductions / collections during January… Read more »
The Union Budget 2025-26 brings notable changes to tax deduction and collection processes, aimed at streamlining compliance and administrative procedures. These amendments focus on revising thresholds, removing redundant provisions, and… Read more »
We are pleased to announce the release of TDSMAN (FY: 2025-26). Now you can prepare TDS Returns for all quarters of FY: 2024-25 and FY: 2025-26. It covers: All TDS/TCS… Read more »
Section 194I of the Income Tax Act outlines the rules for deducting TDS on rent. This provision primarily applies to those paying rent for properties, machinery, or other assets, ensuring… Read more »