The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

The Income Tax Department has rolled out a new TRACES portal aimed at improving usability and speeding up processes. But how much difference will it actually make to your TDS filing experience?

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If you are a deductor, filing TDS returns on time is a legal requirement. The ...

To generate these certificates, deductors need to log in to the TRACES portal, go to the TDS certificate section, and select ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...

Misclassification between TDS codes under the new law may lead to 30% expense disallowance. The key issue is whether wrong code equals non-deduction under Section ...

Under the provisions of the Income-tax Act, 2025, tax deducted at source (TDS) applies to payments made in India that are ...