Revised TDS and TCS forms to come into effect with simplified structure, renumbering, and enhanced digital features ...

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 ...

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

How To File TDS: Tax Deducted at Source, commonly known as TDS, is a system where tax is deducted at the point of income. If ...

Form 121 replaces Form 15H, which is filed by senior citizens, as well as Form 15G, which is filed by individuals below the ...

Form 121 has replaced Forms 15G and 15H under the new Income Tax Act, 2026, simplifying TDS exemption for all taxpayers with ...

CBDT extends Form 16 and Form 16A issuance deadline to March 31 for Q3 FY26 amid IT portal glitches; penalty protection for deductors.

From April 1, 2026, India introduces Form 130, redesigned ITR forms, and automated filing to simplify income-tax submissions, ...

The law replaces Form 26QE with Form 141 for VDA transactions from April 2026. Taxpayers must follow the new challan-cum-statement system for TDS ...