The latest articles, guides, news and notifications related to Income Tax.
Purchasers of immovable property are often required to deduct tax at source (TDS) before making payment to the seller. Under the earlier tax framework, this compliance was completed using Form 26QB. With the introduction of the Income-tax Act, 2025, Form … Continued
Advance Tax is often referred to as the “pay-as-you-earn” system of taxation. Instead of paying the entire tax liability at the time of filing the income tax return, eligible taxpayers are required to pay tax during the financial year itself … Continued
Form 141 Explained: Important New Replacement for Form 26QB, 26QC, 26QD and 26QE With the introduction of the Income-tax Act, 2025, taxpayers and deductors will see important changes in several TDS reporting forms. One of the key updates is the … Continued
Form 145 and Form 146 for Rent | Complete Guide to the Replacement for Form 15CA and Form 15CB When rental income in India involves an NRI landlord, both tenants and property owners may encounter tax compliance requirements before the … Continued
Form 145 and Form 146 for NRO to NRE Transfer | Complete and Easy Guide | New Replacement for Form 15CA and Form 15CB For many NRIs, transferring funds from an NRO account to an NRE account or remitting money … Continued
Form 145 and Form 146 Explained: Complete Guide to the New Replacement for Form 15CA and Form 15CB If you are planning to remit money outside India, you may already be familiar with Form 15CA and Form 15CB, which have … Continued
TDS Code 1024 Explained (2026): Complete & Easy Guide to Rate, Threshold & Applicability Businesses making payments to contractors are often required to deduct TDS before releasing payment. TDS Code 1024 generally applies to: Contractor Payments Contract Work Payments Labour … Continued