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 November 2025
7th November 2025 – Due Date for TDS / TCS payment for deductions / collections during October 15th November 2025 – Due date for issuance of TDS Certificates for Quarter 2 of FY: 2025-26 *Please ensure timely compliance to avoid… Read more »
TDS / TCS Non-Compliance: Costs, Risks and Prevention
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are essential components of India’s tax system to ensure better tax compliance and reduce the burden of lump-sum payments… Read more »
October – Pending TDS / TCS Compliances
30th October – Due date of issuing TCS certificate for Quarter 2 of Financial Year 2025-2026 31st October – Due date of filing TDS Returns for Quarter 2 of Financial… Read more »
Section 206C(1E): TCS on Cash Receipts for Goods and Services
Section 206C(1E) of the Income Tax Act, 1961 requires collection of tax at source (TCS) on high-value cash receipts arising from the sale of goods or provision of services. The… Read more »
TDS / TCS Compliances Reminder for October 2025
7th October – Due date for TDS / TCS payment for deductions/collections during September 2025 15th October – Due date of filing TCS Return for Quarter 2 of Financial Year 2025-2026 30th October – Due date of issuing TCS… Read more »