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Thursday, February 12, 2026

Breaking News

  • FAQ on Late TDS / TCS Filing

  • January – Pending TDS / TCS Compliances

  • Section 195 – TDS on Payments to Non-Residents

  • TDS / TCS Compliance Simplified: Common Pitfalls and How to Avoid Them

  • Correction Statements: Limited to the Last Six Years

  • Section 206C(1) of the Income Tax Act: Tax Collection at Source (TCS)

  • Section 194IB – TDS on payment of Rent by certain Individuals or HUF

  • FAQ on Late TDS / TCS Filing

    What is the Late Filing Fee u/s 234(E) of the Income Tax Act, 1961? As per section 234E, where a person fails to file the…

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  • January – Pending TDS / TCS Compliances

    30th January  – Due date of issuing TCS certificate for Quarter 3 of Financial Year 2025-2026 31st January – Due date of filing TDS Returns…

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  • Section 195 – TDS on Payments to Non-Residents

    What is Section 195? Section 195 of the Income Tax Act, 1961 mandates that any person (including individuals, Hindu Undivided Families (HUFs), firms, or companies)…

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  • TDS / TCS Compliance Simplified: Common Pitfalls and How to Avoid Them

    Tax Deducted at Source (TDS) & Tax Collected at Source (TCS) compliance is a crucial responsibility for all deductors and collectors. While the process is…

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  • Correction 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…

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Popular Post

  • section-194t

    Section 194T: TDS on Payments by Partnership Firms to Partners

  • Section-194J(a)-194J(b)

    TDS Under Section 194J(a) & 194J(b)

  • TDS-rates

    TDS / TCS Rate Chart FY: 2025-26 (AY: 2026-27)

  • section-194c

    Section 194C: TDS on Payments to Contractors

  • section-194h

    TDS Under Section 194H – Brokerage & Commission

Key features of FVU version 2.134

Addition of filler fields in: Deductor details (BH record) Challan details (CD record) Deductee details (DD record) Salary details (SD record). Applicable in case of…

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Key features of FVU version 3.8

Change in data structure of quarterly TDS/TCS statement pertaining to FY 2013-14 onwards as below: Alternate contact details like e-mail and contact no. of the…

View More Key features of FVU version 3.8

Major changes announced for FVU 3.8 and onwards

The Income Tax Department through NSDL has released the latest File Validation Utility (FVU) Ver. 3.8 on 29/06/2013 which would be applicable from 01/07/2013. Both…

View More Major changes announced for FVU 3.8 and onwards

New File Validation Utilities (FVU) released

The Income Tax Department has released the following new File Validation Utilities on 29th June 2013 which would be applicable from 1st July 2013:  FVU…

View More New File Validation Utilities (FVU) released

Free SONATA Wrist Watch with the TDSMAN software

Get free SONATA Wrist Watch with the TDSMAN (FY: 2013-14) software which is priced at Rs. 3,000/- Use Promo Code: TMWEBSONATA Offer valid upto: 30th…

View More Free SONATA Wrist Watch with the TDSMAN software

Get 8GB HP Pendrive free with TDSMAN Software

Get 8GB HP Pendrive (worth Rs.525/-) free with the TDSMAN (FY: 2013-14) software which is priced at Rs. 3,000/- Use Promo Code: TMWEBHPPEN Offer valid…

View More Get 8GB HP Pendrive free with TDSMAN Software

Free Parker Pen + 10% off on TDSMAN Software

Get free Parker Pen (worth Rs.250/-) + 10% off on TDSMAN (FY: 2013-14) software which priced at Rs. 3000/- Use Promo Code: TMWEBPEN Offer valid…

View More Free Parker Pen + 10% off on TDSMAN Software

Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived

If the deductor is charged penalty amount u/s 234E then this penalty has to be paid to the Income Tax Department using Challan No. 281,…

View More Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived

Special discounts and gifts on TDSMAN

Get special discounts and gifts on purchase of TDSMAN software (FY 2013-14) which is priced at Rs 3000/- Valid upto 30th June, 2013.  Click here…

View More Special discounts and gifts on TDSMAN

Request for consolidated file temporarily suspended at TRACES

Consolidated file request functionality will not be available for deductors from 25th June,2013 to 7th July,2013 on TRACES.The functionality will be resumed from 8th July,2013…

View More Request for consolidated file temporarily suspended at TRACES

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