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 »
Category: TDS return
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 »
New File Validation Utilities (FVUs) Version 9.1 & 2.187 released on 7th May, 2025
The Income Tax Department has released a new version of the File Validation Utility (FVU) to validate TDS / TCS returns before submission. This version addresses some of the errors… Read more »
FY: 24-25 – Guide for income details of Employees – Form 24Q-Q4
It is mandatory to provide tax computation of each employee while filing the TDS Return on Salary for Quarter 4 as per the format of Annexure II in Form 24Q…. Read more »
New File Validation Utilities (FVUs) Version 9.0 & 2.186 released on 1st April, 2025
The Income Tax Department has released a new version of the File Validation Utility (FVU) to validate TDS / TCS returns before submission. This update introduces several enhancements and changes,… Read more »
Section 194I: An Overview of TDS on Rent
Section 194I of the Income Tax Act outlines the rules for deducting TDS on rent. This provision primarily applies to those paying rent for properties, machinery, or other assets, ensuring… Read more »