TDS / TCS Compliances Reminder for April & May 2026
7th April 2026 – Due date for TCS payment for collections during March 2026 30th April 2026 – Due date for TDS payment for deductions during March 2026 7th May 2026 – Due… Read more »
Category: NSDL
New File Validation Utilities (FVUs) Version 9.4 & 2.190 released on 1st April, 2026
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 »
Different matching statuses in Form 16 / Form 16A
Following are different matching statuses in Form 16 / Form 16A: U-Unmatched (Deductor has not deposited taxes or has furnished incorrect particulars of tax payment. Final credit will be reflected… Read more »
New File Validation Utilities (FVUs) Version 9.3 & 2.189 released on 23rd January, 2026
New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are released by the Income Tax Department. FVU Version 9.3 – Applicable for quarterly TDS/TCS statement pertaining to FY 2010-11… Read more »
What is form 26QC?
From 1st June, 2017 individuals & HUF’s who are not under Tax Audit (under section 44AB) and does not have a Tax Account No. (TAN) while paying the rent of Rs…. Read more »
Section 194DA – TDS on Maturity Payment in Respect of Life Insurance Policy
Section 194DA of the Income Tax Act mandates the deduction of TDS on maturity proceeds of life insurance policies that are not exempt under Section 10(10D). This provision ensures tax… Read more »