New Income Tax Act 2025 retains key TDS rules for salary, PF, and superannuation; explains employer duties, employee ...

In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.

Understand how employers calculate the average rate of TDS on salary under Section 392 of the Income-tax Act, 2025, for both ...

Once credit is so allowed the levy of interest under Sections 234B and 234C does not survive. Even otherwise, when the tax ...

While the new Income-tax Act promises clarity and simplicity, several procedural rules remain stuck in the past. Expert warns ...

If you're planning large cash withdrawals, be mindful of the TDS rules under Section 194N - your bank could deduct tax once ...

The case involved a taxpayer with income exceeding Rs 20 crore and TDS claims of over Rs 4.8 crore. However, the Central ...

Despite declaring the income and paying due taxes, interest under relevant sections was levied as the TDS credit didn’t show up on his Form 26AS.

When news broke of Tata Consultancy Services (TCS) parting ways with senior employees and offering generous severance ...

Some banks are still offering interest rates as high as 8.15% on fixed deposits (FDs) for senior citizens (aged 60 years and above) for a three- year term, with a cap of Rs 3 crore.Take a look at the ...

Refunds may sometimes get delayed even after the return has been processed, and there are various reasons for this delay.

While dealing with a writ petition for refund of Tax Deducted at Source (TDS), the Allahabad High Court has held that when ...