Budget 2026 makes TDS/TCS deduction rules mandatory, know how it will help in reducing disputes

Budget 2026 has made CBDT guidelines mandatory for all property TDS and transaction participants. This move aims to prevent ...
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Received TDS on Dividend Income Below Exemption Limit? Here's How to Claim Your Income Tax Refund

Investing in stocks can be rewarding, especially when you receive dividends. However, many taxpayers are caught off guard when Tax Deducted at Source (TDS) is deducted from their dividend income—even ...
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TDS on Rent: How to get a refund for excess TDS deducted from house rent payments? Here’s a step-by-step guide

If you are paying house rent above Rs 50,000 per month then you need to deduct TDS at 2% rate on the house rental payments from October 1, 2024. However, prior to October 1, 2024 this rate of TDS was ...

Will Budget 2026 fix NRI exit barrier? Experts call for simplified TDS rules on property sale

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.

Tax dept denies Rs 73 lakh TDS credit as taxpayer being unaware did not claim it in ITR; ITAT Mumbai gives relief to taxpayer

The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...
Tax Guru

Can legally employee be denied TDS Credit dueto non-payment by employer? Analysis

Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...