The Central Board of Direct Taxes (CBDT) has released Circular No. 3/2025 on 20th February 2025, providing updated guidelines on Income-Tax Deduction from Salaries during the Financial Year 2024-25 for… Read more »
The Union Budget 2025-26 brings notable changes to tax deduction and collection processes, aimed at streamlining compliance and administrative procedures. These amendments focus on revising thresholds, removing redundant provisions, and… Read more »
We are pleased to announce the release of TDSMAN (FY: 2025-26). Now you can prepare TDS Returns for all quarters of FY: 2024-25 and FY: 2025-26. It covers: All TDS/TCS… Read more »
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 »
7th January 2025 – Due date for TDS/TCS payment for deductions/collections during December 2024 15th January 2025 – Due date of filing TCS Returns for Quarter 3 of Financial Year… Read more »
TRACES (TDS Reconciliation Analysis and Correction Enabling System) is an online platform provided by the Income Tax Department of India. It facilitates the following services primarily related to Tax Deducted… Read more »