Effective April 1, 2026, the statutory limit for correcting TDS/TCS returns is 2 years from the FY end. This new rule eliminates unlimited revisions, demanding timely compliance to avoid penalties and ...
The Income Tax Department has set a crucial deadline for filing TDS and TCS correction statements. Taxpayers must ensure all ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected ...
November brings with it several compliance deadlines, including those for TDS deposits, AY 2025-26 Income Tax Return (ITR) ...
November brings a fresh round of tax compliance deadlines for individuals, businesses, and government offices. From TDS ...
Bengaluru, to rectify obvious errors. This move aims to expedite the correction of accounting mistakes, reduce administrative ...
A resident donating to a foreign charity like the German Red Cross must check tax implications in India—especially TDS, DTAA ...
CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh ...
The Gujarat High Court set aside an assessment order passed without considering the taxpayer’s reply regarding TDS under Section 194Q. The Court held that the faceless unit generated the order before ...