Each year, many individuals face penalties and interest charges due to missed steps in TDS compliance, often stemming from ...

Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under Section 194-I, tenants paying rents over ₹50,000 per month must deduct 2% TDS.

The tenant must deduct 5 per cent TDS on the rent amount and deposit it with the government using Form 26QC within 30 days from the end of the month in which the rent is paid ...

Tax Deducted at Source (TDS) credit despite failing to claim it in their income tax return. The assessee had not included the TDS credit in their return, though it was reflected in their audited ...

A recent ruling providing tax relief to NRIs on MF capital gains has taxpayers mulling a move abroad, but the tax authorities ...

It is essential to inform your employer of your preferred tax regime on time to ensure that less tax is deducted from your ...

As the new assessment year 2025-26 gets underway, people across the country especially salaried taxpayers are preparing to ...

To avoid surprises, employees are advised to regularly update their passbooks and ensure all forms — especially Form-19 and ...

Once the tax is deposited, the buyer provides Form 16A (downloaded from the income ... Unless the buyer has the LDC in hand, they must deduct TDS at the full applicable rate.

When the Dáil reconvenes at 2pm tomorrow, the so-called 'speaking rights' row is expected to reach a boiling point, a full ... to form a Dáil technical group. Regional Independent TDs (except ...