The Income-tax Act, 2025 introduces Form 141 to replace Form 26QB from April 2026. The change aims to reduce reporting mistakes and simplify TDS compliance in property ...

March 31, 2025 is the deadline for filing correction statements of tax deducted at source (TDS) returns for FY 2007-08 to Q3 of FY 2018-19. This deadline is important for those individual taxpayers ...

As of January 1, 2026, failure to link PAN with Aadhaar renders the PAN inoperative, preventing taxpayers from filing Income Tax Returns (ITR), processing pending returns, or receiving refunds. An ...

Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...

The Bombay High Court ruled that limitation under Section 201(3) must be calculated based on the financial year in which each quarterly TDS statement is filed. The decision confirms that annual or ...

Threat actors behind a traffic redirect system (TDS) that's been active since October 2021 have ramped up efforts to elude detection and can potentially reach millions of people with malicious scripts ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...

Security researchers investigating multiple malware distribution campaigns found that an underground traffic distribution service called Prometheus is responsible for delivering threats that often ...

Applications for government grants or scholarships, personal loans, education loans, and student visas often demand proof of income, and for that, filing ITR is crucial. Banks and financial ...