TDS on house rent

Paying ₹50K+ rent? CA flags urgent April 30 deadline most tenants are blindly missing

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Paying ₹50K+ rent? CA flags urgent April 30 deadline most tenants are blindly missing

You may think you’re just a tenant. But if your rent crosses ₹50,000 a month, the Income Tax Department sees you as a tax deductor too. That’s right—if you paid over ₹50,000/month in FY 2024–25, you’re required to deduct TDS and file Form 26QC by April 30, 2025, warns CA Niyati Shah in a LinkedIn … Read more

Tax Calendar 2024: Crucial income tax-related target dates in January, February and March

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Tax Calendar 2024: Crucial income tax-related target dates in January, February and March

Income Tax Calendar 2024: The new year has started and the Income Tax department has already shared the tax calendar for this year. It is crucial to note the income tax-related deadlines to avoid paying fines and penalties. Usually, the last date to file the Income Tax Return (ITR) for FY 2023-24 (AY 2024-25) without … Read more