Income Tax Articles

TDS Implication in case of Payment to Contractors under Income Tax Act, 2025

Posted by Akash Pal 18 May 2026 4228 Views

IT Act 2025 revamps TDS rules under Sec. 393. Know rates, exemptions & job work implications.

TDS on Rent Section For FY 26-27: With Limits And Rates

Posted by Chaitra Seetharam 18 May 2026 32486 Views

TDS on rent for FY 2026–27 (AY 2027–28): Know updated Section 393 rules, TDS rates, exemption limits, 194-I, 194-IB, NRI rent taxation under 195 and filing codes.

TCS on Foreign Remittances Deferred to October 2023: Key Changes Explained

Posted by Vivek Jalan 15 May 2026 162 Views

Understand the latest TCS rules on foreign remittances and overseas credit card spends under Section 206C(1G). Learn about revised rates, Rs 7 lakh threshold, CBDT Circular 10/2023, exemptions, and overseas tour package taxation.

Post Office FD and RD: How To Build Rs.1 Crore in 20 Years?

Posted by Mitali 14 May 2026 1324 Views

Know how Post Office FD and monthly RD investment can build nearly Rs.1 crore in 20 years.

Principle of Mutuality and Club Taxation: What the Secunderabad Club Ruling Means

Posted by Vivek Jalan 14 May 2026 153 Views

Can NGOs and clubs claim mutuality exemption on non-member income? Explore the Supreme Court ruling in Secunderabad Club and taxation of interest income under the Income Tax Act.

Old Act, New Numbers: A Practical Concordance Between the Income Tax Act, 1961 and the Income Tax Act, 2025

Posted by Abhay

13 May 2026 2343 Views

Explore the practical concordance between the Income-tax Act, 1961 and the Income-tax Act, 2025. Understand key section mappings, structural changes, TDS consolidation, reassessment provisions, and how CAs can navigate the transition smoothly.

Due Date For Filing ITR AY 2026-27: July 31 vs August 31 - Which Deadline Is Yours?

Posted by Chaitra Seetharam 12 May 2026 22274 Views

Complete guide to ITR filing due dates for AY 2026-27. Check whether your deadline is July 31, August 31, October 31, or November 30, 2026, based on your taxpayer category, along with key updates on revised returns, belated returns and the transition to the new Income Tax Act, 2025

Statutory Tax Compliance Tracker - May 2026

Posted by CS Lalit Rajput 12 May 2026 518 Views

Stay updated with May 2026 statutory compliance deadlines under the Income Tax Act, 1961, Income-tax Act 2025, and GST laws. Check important due dates for TDS, TCS, GSTR-1, GSTR-3B, QRMP, GST payments, refunds, ISD, e-commerce operators and other key tax filings to avoid penalties and ensure timely compliance.

Whether TDS payments are more Tedious or Easy under the new Act

Posted by CA Umesh Sharma 12 May 2026 382 Views

Income Tax Act 2025 introduces Single Challan facility for TDS payments from April 2026. Learn new Section 393 codes, updated TDS rates, compliance rules and how taxpayers can avoid payment errors under the new system.

TDS on Commission: Transition from Section 194H to Section 393 in 2026

Posted by Rahul Ghosh 11 May 2026 3949 Views

Understand the TDS on commission provisions under the new Income-tax Act, 2025. Learn about Section 393, 2% TDS rate, Rs 20,000 threshold, PAN implications, exemptions and key changes from the Income-tax Act, 1961 explained in simple terms.