From April 1, 2026, the TDS/TCS regime will see a major overhaul under the new Income Tax Act, with renumbered sections and ...
Misclassification between TDS codes under the new law may lead to 30% expense disallowance. The key issue is whether wrong code equals non-deduction under Section ...
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New TDS rule for partnership firms: 10% tax on partner payments from FY 2025–26 explained
Partnership firms in India must now follow stricter tax compliance rules as a new provision comes into effect. Introduced in the Union Budget and applicable from April 1, 2025, Section 194T of the ...
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