Proposed Relief for Delayed TDS/TCS Deposits
Relief from Prosecution for Delayed TDS/TCS Deposits Under the 2026 Tax Amendments The 2026 tax reforms provide important relief for genuine delays in depositing Tax Deducted at Source (TDS) and Tax C...
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Relief from Prosecution for Delayed TDS/TCS Deposits Under the 2026 Tax Amendments The 2026 tax reforms provide important relief for genuine delays in depositing Tax Deducted at Source (TDS) and Tax C...
Kerala High Court: Separate Year-Wise SCNs Required for GST Proceedings The Kerala High Court has reaffirmed that a single composite show cause notice (SCN) cannot ordinarily cover multiple financial...
GSTN Puts Proposed e-Way Bill Enhancements on Hold The Goods and Services Tax Network (GSTN) has kept the proposed e-Way Bill enhancements, earlier scheduled for implementation from 1 August 2026, on...
FAST-DS 2026: CBDT Notifies Foreign Assets Disclosure Scheme for Small Taxpayers The CBDT has operationalised the Foreign Assets of Small Taxpayers – Disclosure Scheme, 2026 (FAST...
Income Tax Department Launches Foreign Assets Information (FAI) Report on AIS Compliance Portal The Income Tax Department has introduced a Foreign Assets Information (FAI) report on the AIS Compliance...
TDS and TCS Deposit Due Date for August 2026 Taxpayers and tax deductors should note that the due date for depositing Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) relating to August...
Form 127 declarations received in August 2026 must be uploaded by sellers by 7 September 2026. Check eligibility and filing details.
ITR-U Time Limit: 48 Months Remains the Current Position Taxpayers who discover omitted income or errors after the regular income-tax return deadlines may use the Updated Return facility, commonly kno...
GST TDS for August 2026: Deposit and GSTR-7 Filing Due by 10 September 2026
CBDT releases ITR scrutiny guidelines for FY 2026-27. Know who may face scrutiny and ensure compliance. Contact a tax professional today.
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