Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are essential components of India’s tax system to ensure better tax compliance and reduce the burden of lump-sum payments… Read more »
30th October – Due date of issuing TCS certificate for Quarter 2 of Financial Year 2025-2026 31st October – Due date of filing TDS Returns for Quarter 2 of Financial… Read more »
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the employee could claim an income… Read more »
Section 276B of the Income Tax Act, 1961, addresses the consequences for failing to remit Tax Deducted at Source (TDS) to the Central Government within the prescribed timeframe. This provision… Read more »
CSI file is provided by the Income Tax Department through its web portal for validating the Payment Challans reported in the quarterly TDS / TCS Return. CSI File is mandatory… Read more »
7th October – Due date for TDS / TCS payment for deductions/collections during September 2025 15th October – Due date of filing TCS Return for Quarter 2 of Financial Year 2025-2026 30th October – Due date of issuing TCS… Read more »