Each Form 141 can report only one type of transaction, and a separate form must be filed for each transaction category.

Income tax calendar: Income tax last dates are not limited to just the ITR filing deadline, and taxpayers have to keep a tab ...

The Income Tax Department has introduced Form 141, a consolidated challan-cum-statement, merging four previous TDS forms. This new form simplifies TDS filing for various transactions including rent, ...

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 you are a deductor, filing TDS returns on time is a legal requirement. The ...

The Income Tax Department has introduced Form 141, a single unified TDS form replacing four existing forms. Here’s what it ...

Learn how Form 121 helps eligible taxpayers stop TDS on bank interest. The key is ensuring your estimated tax liability is nil and conditions are ...

The government has introduced new Forms 138 and 140 for TDS reporting, replacing the old Forms 24Q and 26Q. Here's all you ...

Income Tax Dept has launched TRACES 2.0 from April 1, 2026, simplifying TDS compliance under the new tax regime. New forms, ...

The Income Tax Department has clarified eligible banks for TDS on interest under the new Income-tax Act, 2025, effective ...

Form 15H has been replaced by Form 121 under Income-tax Rules 2026. Learn key changes, eligibility, UIN system, and mistakes ...