Types of Corrections in TDS Returns
There are 6 types of corrections namely C1, C2, C3, C4, C5, C9. The following table briefly talks about each correction type: Type Corrections in: C1 Deductor details: All details… Read more »
Category: TCS
TDS / TCS Compliances Reminder for August 2026
7th August 2026 – Due date for TDS payment for deductions during July 2026 7th August 2026 – Due date for TCS payment for collections during July 2026 15th August… Read more »
July – Pending TDS / TCS Compliances
31st July – Due date of filing TDS Returns for Quarter 1 of Tax Year 2026-2027 31st July – Due date of filing TCS Returns for Quarter 1 of Tax… Read more »
Significance of the ‘REMARKS’ in TDS Returns
For the different payment types, as per applicability, standard TDS rates are specified. Under certain provisions of the Act, there could be deviation from this standard deduction rate. The ‘Remarks’… Read more »
TDS / TCS – Annual Compliance Calendar
TDS / TCS – Deposit & Filing of Returns Important Update for Tax Year 2026-27: Pursuant to Rule 219 of the Income Tax Rules, 2026, the due dates for filing… 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 »