Associate TG
Want to Avoid TDS on Fixed Deposit Interest? Want to Avoid TDS on Fixed Deposit Interest? Senior citizens often rely on fixed deposits (FDs) as a primary source of income. However, when interest income from FDs exceeds ₹1 lakh in a year, banks are required to deduct Tax Deducted at Source (TDS). This can be … Read more
CBDT Notifies ITR Form 2 For AY 2025–26 ITR Form 2 For AY 2025–26 You Must Know ITR Form 2 For AY 2025–26 You Must Know The Central Board of Direct Taxes (CBDT) has officially notified Income Tax Return (ITR) Form 2 for the Assessment Year (AY) 2025–26 through Notification No. 43/2025 dated 03.05.2025. ITR … Read more
GSTR-7 Invoice-Wise Reporting Postponed: GSTN Defers New Functionality for TDS Filers GSTR-7 Invoice-Wise Reporting Postponed: GSTN Defers New Functionality for TDS Filers The Goods and Services Tax Network (GSTN) has released an important update for all TDS deductors under GST. The invoice-wise reporting requirement in Form GSTR-7, which was originally scheduled to be implemented from … Read more
Income Tax Return-3 Form Notified for AY 2025-26 Date of Notification: April 30, 2025 Applicable From: Assessment Year 2025–26 (Financial Year 2024–25) Issued By: Central Board of Direct Taxes (CBDT), Ministry of Finance, Government of India Form No.: Income Tax Return-3 Form Notified for AY 2025-26 ITR-3 (Notified via Notification No. 41/2025) Income Tax Return-3 … Read more
Income Tax Department Notifies ITR-1 and ITR-4 for AY 2025-26 Income Tax Department Notifies ITR-5 Form For AY 2025-26 The Income Tax Department, through the Central Board of Direct Taxes (CBDT), has notified the revised ITR-1 (SAHAJ) and ITR-4 (SUGAM) forms for the Assessment Year (AY) 2025-26, pertaining to Financial Year (FY) 2024-25. Income Tax … Read more
