July – Pending TDS / TCS Compliances
30th July – Due date of issuing TCS certificate for Quarter 1 of Financial Year 2025-2026 31st July – Due date of filing TDS Returns for Quarter 1 of Financial… Read more »
Category: TDS return
TDS Applicability U/S 194Q On Purchased Goods
In the Finance Act of 2021, the Indian government inserted Section 194Q. The Indian government’s intention behind enacting this law was to generate a trail of high-value purchases and sales… Read more »
TDS / TCS – Annual Compliance Calendar
TDS / TCS – Deposit & Filing of Returns TDS / TCS – deductions / collections during the course of the month needs to be deposited by 7th of the… Read more »
Section 194M – Deduction of TDS by Individual and HUF from payments to contractors and professionals
Section 194M, introduced in the Budget of 2019, specifically targets individuals and Hindu Undivided Families (HUFs) who were previously exempt from TDS obligations. This section mandates TDS deductions on payments… Read more »
New File Validation Utilities (FVUs) Version 9.2 & 2.188 released on 4th July, 2025
The latest versions of the File Validation Utilities (FVUs) have been released. The key updates are summarized as under: 1. Omission of Existing Flags/Remarks Remark ‘U’ in Form 26Q, ‘J’… Read more »
May – Pending TDS / TCS Compliances
30th May – Due date of issuing TCS certificate for Quarter 4 of Financial Year 2024-2025 31st May – Due date of filing TDS Returns for Quarter 4 of Financial… Read more »