The latest articles, guides, news and notifications related to Income Tax.
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
TDS Code 1006 Explained (2026): Complete & Easy Guide to Rate, Threshold & Applicability Businesses paying commission or brokerage are often required to deduct TDS before making payment. TDS Code 1006 generally applies to: Commission Payments Brokerage Payments Agent Commission … Continued
TDS Code 1009 Explained (2026): Complete Guide to Rate, Threshold & Applicability Businesses paying office rent, warehouse rent, or commercial property rent are often required to deduct TDS before making payment. TDS Code 1009 generally applies to: Rent Paid For … Continued
TDS Code 1026 Explained (2026): 2% TDS on Technical Services Under Older Section 194J(a) Businesses and professionals deducting TDS often get confused between TDS Code 1026 and 1027 under the new Income Tax Act structure. TDS Code 1026 is primarily … Continued
TDS Code 1023 Explained (2026): Complete & Easy Guide to Rate, Threshold & Applicability TDS Code 1023 is used for payments made under contracts, particularly when the contractor is an individual or Hindu Undivided Family (HUF). It is one of … Continued
TDS Code 1027 Explained (2026): Rate, Threshold, Section & Applicability TDS Code 1027 is one of the most commonly used TDS codes under the new Income Tax Act. It applies to payments for professional services and is widely used by … Continued