Tax Deducted at Source (TDS) is one of the most important compliance mechanisms under the Indian Income Tax Act, 1961. It ensures that tax is collected at the point of income generation and deposited with the government on a real-time basis. Every person or entity responsible for making specified payments, such as salary, rent, professional… Continue reading Mandatory TDS Returns: Due Dates, Penalties & FAQs for FY 2025-26
Tax Deducted at Source (TDS) is a method of tax collection introduced by the Income Tax Department of India. It ensures that taxes are deducted at the point of income generation and deposited with the government. Among various forms used to file TDS Returns, Form 26Q is one of the most widely used, specifically for… Continue reading Understanding TDS Returns: Form 26Q
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