Category: TDS return

TDS Certificates – TDSMAN makes it Effortless

Managing TDS / TCS certificates post-return filing often involves multiple steps, interfaces and utilities. But with TDSMAN, everything comes together – neatly and efficiently – within one familiar desktop environment…. Read more »

TDS on Payments to Contractors – Section 393(1) (Section 194C)

The provisions relating to TDS on payments made to contractors for carrying out any work have been restructured under the Income-tax Act, 2025. The earlier Section 194C of the Income-tax… Read more »

Section 448 of the Income-tax Act, 2025 – Penalty for Failure to Deduct Tax at Source

The provisions relating to penalty for failure to deduct tax at source have been restructured under the Income-tax Act, 2025. The earlier Section 271C of the Income-tax Act, 1961 is… Read more »

Higher Rate of TDS for Non-Furnishing of PAN – Section 397(2) (206AA & 206CC)

The provisions relating to higher deduction or collection of tax at source in cases where Permanent Account Number (PAN) is not furnished have been restructured under the Income-tax Act, 2025…. Read more »

Late Filing of TDS/TCS Statements – Fee, Penalty and Compliance Requirements

Timely filing of TDS and TCS statements is an essential compliance requirement under the Income-tax Act. Delay in furnishing such statements may result in levy of late filing fee, notices,… Read more »

TDS on Virtual Digital Assets – Section 393(1) (194S)

The provisions relating to TDS on transactions involving virtual digital assets have been restructured under the Income-tax Act, 2025. The earlier Section 194S of the Income-tax Act, 1961 is now… Read more »