Remittance Code & Section Code Mapping for Form 144

With the implementation of the Income-tax Act, 2025, the reporting framework for TDS on payments to non-residents has undergone changes. One important area is the mapping of the nature of… Read more »

TDS / TCS Compliances Reminder for October 2026

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 »

New TDS Rules for NRI Property Transactions – CBDT Notification 121/2026

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 »

TDS on Income from Investment in Securitisation Trust – Section 393(1) (194LBC)

The provisions relating to TDS on income from investment in securitisation trusts have been restructured under the Income-tax Act, 2025. The earlier Section 194LBC of the Income-tax Act, 1961 is… Read more »

TDS on Income from Investment Fund – Section 393(1) (Section 194LBB)

The provisions relating to TDS on income from investment funds have been restructured under the Income-tax Act, 2025. The earlier Section 194LBB of the Income-tax Act, 1961 is now covered… Read more »

TDS on Income from Units of Business Trust – Section 393(1) (Section 194LBA)

The provisions relating to TDS on income distributed by business trusts have been restructured under the Income-tax Act, 2025. The earlier Section 194LBA of the Income-tax Act, 1961 is now… Read more »