7th April 2025 – Due date for TCS payment for collections during March 2025 30th April 2025 – Due date for TDS payment for deductions…
View More TDS / TCS Compliances Reminder for April & May 2025Month: April 2025
The New Form 12BAA for Employees
The Central Board of Direct Taxes (CBDT) has recently notified vide Notification No. 112/2024, dated October 15, 2024 introduction of a new Form 12BAA, to…
View More The New Form 12BAA for EmployeesSection 80CCH – Tax Benefits for Agniveers under the Agnipath Scheme
The Finance Act, 2023 introduced Section 80CCH into the Income Tax Act, 1961, providing specific tax deductions and exemptions for individuals enrolled in the Agnipath…
View More Section 80CCH – Tax Benefits for Agniveers under the Agnipath SchemeTDS Exemption to Non-Residents on certain withdrawal from NSS
The Ministry of Finance, Dept. of Revenue has recently notified vide Notification No. 27/2025 dated 4th April 2025, that provides TDS exemption on certain withdrawals…
View More TDS Exemption to Non-Residents on certain withdrawal from NSSCircular on Interest Waiver (TDS / TCS)
The Income Tax Department, through Circular No. 5/2025, dated 28th March ’25, has introduced a waiver mechanism for certain interest liabilities related to TDS /…
View More Circular on Interest Waiver (TDS / TCS)FY: 24-25 – Guide for income details of Employees – Form 24Q-Q4
It is mandatory to provide tax computation of each employee while filing the TDS Return on Salary for Quarter 4 as per the format of…
View More FY: 24-25 – Guide for income details of Employees – Form 24Q-Q4