No TDS on Payments to GIFT City IFSC Units
The Central Board of Direct Taxes (CBDT) has issued a fresh notification – Notification No. 80/2026, dated 10th July 2026 – that removes the requirement to deduct TDS on several… Read more »
Category: Income Tax
TDS on E-commerce Transactions – Section 393(1) (194O)
The provisions relating to TDS on e-commerce transactions have been restructured under the Income-tax Act, 2025. The earlier Section 194O of the Income-tax Act, 1961 is now covered under Section… Read more »
TDS on Cash Withdrawals – Section 393(3) (Section 194N)
The provisions relating to TDS on cash withdrawals have been restructured under the Income-tax Act, 2025. The earlier Section 194N of the Income-tax Act, 1961 is now covered under Section… Read more »
New File Validation Utility (FVU) Version 1.1 Released on 8th July, 2026
New version of File Validation Utility (FVU) for e-TDS/TCS statements is released by the Income Tax Department. FVU Version 1.1 – Applicable for quarterly TDS/TCS statements pertaining to TY 2026-27… Read more »
TDS on Fees for Professional and Technical Services – Section 393(1) (194J)
The provisions relating to TDS on fees for professional and technical services have been restructured under the Income-tax Act, 2025. The earlier Section 194J of the Income-tax Act, 1961 is… Read more »
Country-wise DTAA Rates for tax year 2026-27
DTAA refers to the Double Taxation Avoidance Agreement entered into between two countries to avoid taxation of the same income in both jurisdictions. India has such treaties with around 90… Read more »