Category: TCS payment

Section 271H: Penalty on taxpayers for not filing TDS or TCS returns

Section 271H of the Income Tax Act, 1961, outlines penalties related to the late filing, non-filing, or furnishing of incorrect information in Tax Deducted at Source (TDS) and Tax Collected… Read more »

TDS / TCS Compliances Reminder for February 2026

      No Comments on TDS / TCS Compliances Reminder for February 2026

7th February 2026 – Due Date for TDS / TCS payment for deductions / collections during January 15th February 2026 – Due date for issuance of TDS Certificates for Quarter 3 of FY: 2025-26 *Please ensure timely compliance to avoid… Read more »

TDS / TCS Compliance Simplified: Common Pitfalls and How to Avoid Them

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 »

Section 206C(1) of the Income Tax Act: Tax Collection at Source (TCS)

Section 206C(1) of the Income Tax Act, 1961 mandates the collection of tax at source (TCS) by sellers related to specific goods. It applies at the time of debiting the… Read more »

Special Combo Offer on TDSMAN (FY: 2025-26 & 2026-27)

Get Standard Editions of TDSMAN (FY: 2025-26) & TDSMAN (FY: 2026-27) at Rs. 7350/- + GST @ 18% instead of Rs. 9800/- + GST@18% Click here to Order Now Prepare TDS… Read more »

TDS / TCS Compliance Reminder for January 2026

      2 Comments on TDS / TCS Compliance Reminder for January 2026

7th January 2026 – Due date for TDS/TCS payment for deductions/collections during December 2025 15th January 2026 – Due date of filing TCS Returns for Quarter 3 of Financial Year… Read more »