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New Quarterly TCS Filing Gets Revamp with Draft Form 143

Last updated: 12 February 2026


The Central Board of Direct Taxes (CBDT) has introduced Draft Form No. 143, a new format for filing quarterly statements of Tax Collected at Source (TCS) under Section 397(3)(b). The proposed form seeks to streamline reporting obligations for both Government and Non-Government collectors, while enh
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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