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 ...
The case explains mandatory filing of quarterly TDS statements for non-salary payments to non-residents. The rules require ...
One of the most relevant changes is related to Form 16. The document, issued by employers as proof of tax deducted at source (TDS) on salaries, will now be known as Form 130.
The tax department said several representations were received regarding delays in generating TDS certificates due to ...