How to Check TDS Status: Tax Deducted at Source (TDS) is a system in which a certain percentage of tax is deducted by the payer while making specific payments such as salary, rent, commission, or ...

As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income Tax Returns (ITR), processing pending returns, or receiving refunds. An ...

The Bombay High Court ruled that limitation under Section 201(3) must be calculated based on the financial year in which each quarterly TDS statement is filed. The decision confirms that annual or ...

Advertising payments on Google Ads attract 2% TDS under Section 194C of the Income Tax Act. Businesses must deposit the tax separately and can recover the amount as ad credits after submitting Form ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...

Did our AI summary help? Most salaried tenants assume that TDS deduction is the responsibility of employers alone. However, if you pay rent exceeding Rs 50,000 per month, even for a single month ...