Form 121: A new combined form, now replaces Forms 15G and 15H. This simplifies the process for individuals and senior ...

The Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form simplifies TDS filing for various transactions including rent, ...

Learn how Form 121 helps eligible taxpayers stop TDS on bank interest. The key is ensuring your estimated tax liability is nil and conditions are ...

Income Tax Department launches upgraded TRACES portal with new TDS forms and a single tax year, simplifying compliance and ...

The Income Tax Department has rolled out a new TRACES portal aimed at improving usability and speeding up processes. But how ...

TDS compliance April 2026 outlines key due dates for certificates, deposits and filings, helping deductors avoid penalties ...

The deductor must deduct and deposit TDS with the government and file the statement. The TDS certificate is then generated ...

To generate these certificates, deductors need to log in to the TRACES portal, go to the TDS certificate section, and select ...

The Income Tax Department has introduced a new form called Form 141. It is a single, combined challan-cum-statement that ...

The new tax law renumbers TDS return forms and introduces a unified reporting system. The key takeaway is that compliance remains the same, but form numbers and structure are ...

The government has introduced new Forms 138 and 140 for TDS reporting, replacing the old Forms 24Q and 26Q. Here's all you need to know.

People turning 60 at any point during the financial year can now claim senior citizen benefits for the full year while filing ...