The Income Tax (I-T) Department has introduced Form No. 141, a new consolidated challan-cum-statement that replaces four existing TDS forms—Form 26QB, Form 26QC, Form 26QD and Form 26QE. Form 26QB – ...
May 2026 brings crucial tax compliance dates, including May 7 for TDS/TCS deposit and declarations, and May 15 for issuing ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. TDS means tax deducted at source—which ...
The Income Tax Act, 2025 has replaced Forms 15G and 15H with a unified Form 121 for TDS exemption claims, applicable from April 1, 2026. Taxpayers with income below the taxable limit must submit it ...
Taxpayers and businesses must comply with several important filing and reporting deadlines throughout May 2026, including TDS ...