Salary TDS: Old vs New Income‑Tax Act 🇮🇳
Under the 1961 Act → Sec 192 & Form 24Q
Under the 2025 Act → Renumbered provisions & updated formats (Rules 2026)
✅ Monthly deduction continues
✅ Quarterly reporting
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📌 **TDS Reminder for Partners (Sec. 194T)**
March 2026 deductions must be deposited by **30th April 2026**.
- Applies to **interest & remuneration** paid/credited to partners
- Threshold: **₹20,000+ in FY**
- Rate: **10%**
#TDS#TaxCompliance#IncomeTax#GST
TDS deducted in March 2026 must be deposited by 30th April 2026 as per Section 194T.
💡 Key Points:
Deduct at credit/payment (whichever earlier)
Applies if interest exceeds prescribed limit
Stay compliant, stay stress-free! ✅
#TaxTips#TDS#Finance#TaxCompliance
📢 **MAJOR UPDATE: New ITR Filing Deadlines for FY 2025-26!** 🚨
Taxpayers, take note! The deadlines for filing your Income Tax Returns have been updated. Some categories now have more time to file. 🗓️✅
#IncomeTax#ITR#TaxUpdate#Finance#TaxDeadline#FilingSeason#IndiaTax