The government has replaced Form 26QB with Form 141, introducing a detailed and structured TDS reporting system for property transactions. The change is not just procedural but requires deeper ...

Revised TDS and TCS forms to come into effect with simplified structure, renumbering, and enhanced digital features ...

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 ...

Form 121 has replaced Forms 15G and 15H under the new Income Tax Act, 2026, simplifying TDS exemption for all taxpayers with ...

The Income Tax Department has launched the new TRACES 2.0 portal, replacing the old system with an upgraded, user-friendly ...

The Income Tax Department has introduced the upgraded TRACES 2.0 portal, enhancing user experience and simplifying TDS compliance for taxpayers and property buyers.

Income Tax Department clarifies TDS on bank interest under the new Income-tax Act 2025, confirming thresholds and banking ...

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

The government has introduced new Forms 138 and 140 for TDS reporting, replacing the old Forms 24Q and 26Q. Here's all you ...

Explore the new TDS rules 2026 under the Income Tax Act 2025. Learn about the shift to Form 130, 50% HRA for 8 cities, and ...

Under the Income-tax Act, 2025, the corresponding provision relating to TDS on interest is contained in Section 393(1) [Table ...