Topic
Tax deducted at source is income tax withheld by the payer on salary, interest, rent and other payments.
113 storiesLatest 15 Oct 2026, 10:31 IST
Tax/
Section 194S deducts 1% TDS on crypto and VDA transfers above Rs 50,000 (or Rs 10,000) a year. Here is how it works, a worked example, and the 115BBH traps traders miss.
Markets
Section 194-M makes individuals and HUFs deduct 2% TDS on contractor and professional payments above Rs 50 lakh, filed via Form 26QD within 30 days. Here are the October 2026 dates.
Markets
TDS on a virtual digital asset under Section 194-S must be deposited within 30 days through Form 26QE. Here is the one per cent rule, the 201(1A) late-deposit interest and a worked tax example.
Tax
Since AY 2023-24, Form 26AS shows only TDS/TCS while AIS carries SFT and other income with a feedback facility. Here is how to spot a duplicate AIS entry and correct it before it inflates your tax.
Tax
From 1 April 2025 the Finance Act 2025 omits Sections 206AB and 206CCA, ending the doubled TDS/TCS on non-filers. Here is what changed, a worked example, and the mistakes still hitting old-year scrutiny.
Markets
Deducted TDS in September 2026 but not yet deposited? Section 201(1A) charges 1.5% per month from the date of deduction, turning a six-day slip into a 3% hit. What to watch for 13 October 2026.
Tax
From 1 October 2024, Section 194-IA treats consideration as the aggregate paid by all buyers to all sellers, so splitting a property sale among co-buyers no longer dodges the 1% TDS.
Markets
The quarterly TDS statement for July-September 2026 is due 31 October. Miss it and section 234E charges Rs 200 a day, with section 271H adding up to Rs 1,00,000.
Tax
Section 194-IB cut rent TDS from 5% to 2% from 1 October 2024. Here is who must deduct, the Rs 50,000 threshold, a worked example at 2%, and the Form 26QC filing route.
NRI
Before any payment reaches a non-resident, Section 195 TDS and Form 15CA or 15CB must clear. A guide to the four parts, the Rs 5 lakh line, India-US DTAA rates and NRO repatriation.
Markets
Section 194-IB gives tenants just 30 days from the month of deduction to file Form 26QC. A September 2026 deduction is due 30 October 2026, with section 201(1A) interest for delay.
Tax
Section 195 and Rule 37BB split Form 15CA into four parts, and one number decides which you file: whether your foreign remittances cross Rs 5 lakh in the year. Here is the rule, worked through.
Tax
CBDT Notification No. 26/2025 gives PAN holders who used an Aadhaar enrolment ID until 31 December 2025 to intimate their real Aadhaar number, or the PAN turns inoperative from 1 January 2026.
Markets
Employers filing salary TDS must track Form 138 (formerly 24Q): the Q2 statement for July-September 2026 is due 31 October 2026. Plus the RBI MPC verdict on the 5.25% repo rate, due 7 October 2026.
Markets
Form 140, earlier Form 26Q, is the quarterly non-salary TDS statement: the Q2 FY 2026-27 return is due 31 October 2026, with September TDS deposits due 7 October. Here is the watchlist for 6 October 2026.
Investing
IDCW payouts are taxed at your slab every year; Growth defers to 12.5% LTCG. A worked 20-year comparison shows why a 30%-slab Growth investor ends 29-53% richer.
Tax
From 1 April 2026 the Income-tax Act 2025 gathers every TDS rule from the 1961 Act into one tabular Section 393. The rates do not change - here is how it works, with a worked salary example.
Markets
NSE Clearing circular NCL/CMPT/71789 fixes the SLBS transaction holidays for 2026. With markets reopening on Monday 5 October and the RBI MPC meeting on 5-7 October, here is the week ahead.
Tax
An inoperative PAN is not cancelled, but it freezes your tax refund, stops Section 244A interest, and forces 20% TDS under Section 206AA. Here is the Rs 1,000 fix and a worked example.
NRI
How the RBI's Master Circular lets NRIs repatriate up to USD 1 million a year, send USD 100,000 to students abroad, and move residential-property proceeds, plus the India and foreign tax that follows.
NRI
A complete guide to NRO account rules: permissible credits and debits, the USD 1 million per year remittance limit, Section 195 TDS, DTAA relief and the mandatory 15CA/15CB CA certificate.
NRI
How NRIs in the US, UK or UAE repatriate Indian property sale proceeds: the RBI two-property and USD 1 million rules, 12.5% LTCG tax, Section 195 TDS and Form 15CA/15CB.
NRI
Interest on NRE and FCNR(B) deposits is exempt from Indian tax, while NRO interest faces 30% TDS under Section 195 plus surcharge and 4% cess. Where a DTAA applies, the treaty rate can be lower.
NRI
When your FEMA residential status changes, resident accounts become NRO and NRE balances convert to RFC. Here is how the redesignation, TDS and USD 1 million repatriation actually work.
Markets
GSTR-7, the GST TDS return under Section 51, falls due on the 10th - next on 10 October 2026. Here is how it stacks up against the GSTR-3B, tax-audit and RBI dates ahead.
NRI
Rent, dividends, pension and interest are current income an NRI can repatriate freely, net of tax, over and above the USD 1 million cap. FEMA, DTAA and NRO rules explained.
Tax
How Section 192 of the Income-tax Act, 1961 makes your employer withhold tax each month and issue Form 16 for FY 2025-26, worked with new-regime slabs, the Rs 60,000 rebate and reconciliation traps.
NRI
The RBI lets NRIs and PIOs remit up to USD one million per financial year from NRO balances, sale proceeds and inherited assets. Here is the FEMA route, the Indian tax, and the account mechanics.
NRI
Who can open an NRO account under FEMA Section 2(w), how NRO interest is taxed at 30% TDS under Section 195, DTAA relief, and the USD 1 million per financial year repatriation cap.
NRI
Section 195 puts the duty to withhold on the payer, with no threshold. What to deduct on rent, interest and property paid to an NRI, and the Form 15CA, 15CB and 27Q trail.
Retirement
SCSS pays 8.2% for Jul-Sep 2026, unchanged since April 2023. The Rs 30 lakh rules, Form 121 and section 393 TDS under the new Income-tax Act, and a five-year drawdown for a couple.
Markets
Form 141 replaces Forms 26QB, 26QC, 26QD and 26QE for property, rent, contractor and VDA TDS. What to watch on 3 September 2026, plus the 7 and 15 September tax deadlines.
NRI
NRO account interest is fully taxable in India at up to 31.2% TDS, and balances repatriate only up to USD 1 million a financial year. The FEMA, DTAA and Form 15CA/15CB rules explained.
Markets
Tomorrow, 1 September 2026, opens the seven-day window to deposit TDS deducted in August. Here is the 7th-of-month rule, the March-to-30 April exception, the 1.5% interest clock and the four challan-cum-statement forms.
NRI
How an NRI repatriates NRO balances and Indian asset-sale proceeds within the RBI's USD 1 million annual limit, plus the Form 15CA/15CB certificate, Section 195 TDS and DTAA credit rules.
Tax
Filed your ITR expecting a refund but got a Section 143(1) demand instead? A TDS mismatch between your return and Form 26AS is the usual culprit. Here is how to find and fix it for AY 2026-27.
Tax
Your AIS and TIS pre-fill your ITR for FY 2025-26. Learn to read Part A and Part B, submit feedback on TDS, SFT and other information under Section 285BB, and fix mismatches before you file.
NRI
NRIs hit by heavy Section 195 TDS on rent, interest or a property sale can apply in Form 13 for a lower or nil deduction certificate under Section 197. Here is how it works and how to repatriate.
NRI
Section 195 forces buyers to withhold full capital-gains tax before paying an NRI seller, with no exemption threshold. Rates, surcharge, DTAA relief and repatriation, explained.
NRI
NRE, NRO and FCNR(B) accounts are taxed under different Income-tax Act sections and carry different FEMA repatriation limits. A verified guide to which account an NRI should open and why.
NRI
How Section 195 of the Income-tax Act 1961 withholds tax when NRIs sell property, earn rent or receive interest in India, and how DTAA relief, TRC, Form 10F and the USD 1 million NRO limit fit together.
Markets
GSTR-7, the monthly GST TDS return filed by Section 51 deductors, is due 10 August 2026. Here is the full compliance calendar, market backdrop and earnings position for the days ahead.
NRI
How FEMA 1999 and RBI Master Direction 12/2015-16 govern what NRIs and OCIs can buy, the Section 195 TDS on sale, DTAA capital-gains rights at 12.5%, and NRO/NRE repatriation limits.
Markets
Tomorrow's watchlist for 5 August 2026: the July GST IFF window shuts 13 August, TDS is due 7 August, and SEBI's 45-day rule pins Q1 results to 14 August.
NRI
NRE, NRO and FCNR(B) accounts are governed by FEMA 1999 and RBI Master Direction 14/2015-16. Compare tax, TDS and the USD 1 million NRO repatriation limit for NRIs.
NRI
When an NRI sells Indian property the buyer deducts TDS under Section 195, not the 1% resident rate. Here is the arithmetic, the Section 197 relief, and repatriation.
Markets
The 30-day window for Form 26QC rent TDS (Section 194-IB) and Form 26QD contractor/professional TDS (Section 194M) on June 2026 deductions closes 30 July 2026. Your full watchlist.
Tax
A Section 139(9) defective return notice gives you 15 days to fix the defect. Here is the statute, a worked salary recomputation, and the penalties if you miss the window.
NRI
NRE, NRO and FCNR(B) accounts under FEMA 1999: which one is tax-free, how Section 195 TDS and DTAA rates work, and the USD 1 million per year NRO repatriation cap explained.
Tax
Section 80TTB gives resident senior citizens a deduction of up to Rs 50,000 on bank, co-operative bank and post office interest under the old regime. Here is a worked ITR example and the scrutiny pitfalls to avoid.
Markets
A June 2026 property TDS falls due on 30 July 2026: how the buyer files Form 26QB under Section 194-IA at 1%, the 31 July ITR link, and the shift to Form 141 from 1 April 2026.
Tax
Section 194N deducts 2% TDS once your cash withdrawals from a bank cross Rs 1 crore in a financial year, and just Rs 20 lakh if you have not filed ITR. Here is how it works, with a worked example.
Markets
TDS deducted in March 2026 was payable by 30 April 2026, and the Q1 FY 2026-27 quarterly statement is due 31 July 2026. Your full deposit and filing calendar for the week ahead.
NRI
Paying an NRI seller or landlord makes you a withholding agent under Section 195: who needs a TAN, the 12.5% property TDS ceiling, DTAA caps and the Form 13 lower-deduction certificate.
Tax
CBDT Circular 3/2025 sets how employers deduct TDS on salary under Section 192 for FY 2024-25: the new regime is default, standard deduction is Rs 75,000, with a full worked example and slab tables.
Tax
A red Outstanding Demand flag under Pending Actions gives you 30 days under Section 220(1) before 1% monthly interest bites. Here is how to pay, dispute or add challan details correctly.
NRI
Under RBI Master Direction 12/2015-16, NRIs and OCIs cannot buy agricultural land, farmhouses or plantation property in India - only inherit it. FEMA rules, tax and repatriation explained.
NRI
How FEMA lets a deputed foreign national remit net Indian salary and a resident support NRI relatives abroad - LRS limits, Section 195 TDS, DTAA ceilings and NRE/NRO repatriation explained.
Tax
A red-flagged outstanding demand on the e-filing portal is not a bill you must blindly pay. Here is how to agree, disagree in full, or split a DRN in part, with the Section 156, 220 and 245 rules and a worked salary example.
NRI
An NRI or OCI can buy any Indian property except farmland without RBI approval. Here is the FEMA general permission, the 12.5% capital-gains tax, DTAA credit, and the two-property repatriation rule.
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