What is Section 194H? Section 194H of the Income Tax Act is specifically dedicated to TDS deducted on income earned through brokerage or commission by…
View More TDS Under Section 194H – Brokerage & CommissionMonth: August 2025
Section 194G – TDS on Commission on Sale of Lottery Tickets
Any income earned by a person in the form of commission, remuneration, or prize on lottery tickets (deductee) who has been selling lottery tickets (also…
View More Section 194G – TDS on Commission on Sale of Lottery TicketsSection 271H: Penalty on taxpayers for not filing TDS or TCS returns
Section 271H of the Income Tax Act, 1961, outlines penalties related to the late filing, non-filing, or furnishing of incorrect information in Tax Deducted at…
View More Section 271H: Penalty on taxpayers for not filing TDS or TCS returnsTDS / TCS Certificates – Due Dates
The different types of TDS / TCS certificates need to be issued on time which is summarized in the table below: Form No. Certificate –…
View More TDS / TCS Certificates – Due DatesTDS Certificates – TDSMAN makes it Effortless
Managing TDS / TCS certificates post-return filing often involves multiple steps, interfaces and utilities. But with TDSMAN, everything comes together – neatly and efficiently –…
View More TDS Certificates – TDSMAN makes it EffortlessCorrection Statements: Limited to the Last Six Years
Starting from 1st April 2025, a significant change is being introduced regarding the filing of Correction Statements. Under the current provisions, taxpayers have the flexibility…
View More Correction Statements: Limited to the Last Six YearsTDS / TCS Compliance Reminder for August 2025
7th August 2025 – Due date for TDS / TCS payment for deductions / collections during July 2025 15th August 2025 – Due date for issuing TDS…
View More TDS / TCS Compliance Reminder for August 2025