Tag: Form 27Q

TDS on Income from Investment in Securitisation Trust – Section 393(1) (194LBC)

The provisions relating to TDS on income from investment in securitisation trusts have been restructured under the Income-tax Act, 2025. The earlier Section 194LBC of the Income-tax Act, 1961 is… Read more »

TDS on Interest from Infrastructure Debt Fund – Section 393(2) (194LB)

The provisions relating to TDS on interest income from infrastructure debt funds payable to non-residents have been restructured under the Income-tax Act, 2025. The earlier Section 194LB of the Income-tax… Read more »

TDS on Payment from NPS – Section 393(3) (Section 194EE)

The provisions relating to TDS on payments in respect of amounts standing to the credit of a subscriber under the National Pension System (NPS) have been restructured under the Income-tax… Read more »

TDS on Payments to Non-Resident Sportsmen / Entertainers – Section 393(2) (194E)

The provisions relating to TDS on income earned by non-resident sportsmen, sports associations and entertainers have been restructured under the Income-tax Act, 2025. The earlier Section 194E of the Income-tax… Read more »

TDS on Winnings from Lottery, Games, etc. – Section 393(3) (Section 194B)

The provisions relating to TDS on winnings from lotteries, crossword puzzles, card games and other similar activities have been restructured under the Income-tax Act, 2025. The earlier Section 194B of… 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 »