Category: TDS return

No TDS on Aircraft and Ship Lease Rentals Paid to IFSC Units

The CBDT has issued two notifications extending TDS relief to GIFT City’s International Financial Services Centre (IFSC) – this time targeting the aviation and shipping leasing sectors. Both notifications, dated… Read more »

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 »

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 »

How to Pay TDS on Purchase of Property from NRI – TY 2026-27

Where a resident buyer purchases immovable property from a Non-Resident Indian (NRI), tax is required to be deducted at source before making payment to the seller. Under the new Income-tax… 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 »