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 »
Category: TDS return
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 »
Introducing: Free Tax Comparison Tool for Salaried Employees
For most salaried individuals, tax planning starts with a familiar question: Should I stick with the Old Regime or shift to the New one? Both options come with their own… Read more »
Important resources – Form 24Q-Q4 (TDS on Salary)
With the Old & New Regime option given to employees for computing the income tax, it has become a tricky proposition even for the employers. It is important for both… Read more »