TDS & TCS
TDS and TCS under the Income-tax Act, 2025: rates, limits, due dates, interest, salary TDS, returns and reconciliation.
10 guides · read in order or jump to what you need
01
TDS explained: who deducts, when and how it flows
The payer cuts tax from a payment and pays it to the government on the receiver's behalf. Here is the full cycle.
02
TDS rate chart for tax year 2026-27
The common TDS rates and limits under section 393, with the old section names you already know.
03
Contractor or professional: 194C or 194J?
The most common TDS confusion in small businesses, solved with examples.
04
TDS on rent, commission and purchase of goods
Three payments that businesses often miss, with the limits that trigger them.
05
TDS and TCS due dates
Every deposit, return and certificate deadline in one place.
06
Interest, late fee and disallowance for TDS mistakes
What it costs when TDS is not deducted, paid late or filed late.
07
Lower or nil TDS, Form 121 and no-PAN cases
When less TDS or no TDS is deducted, and when more is.
08
TDS on salary: what employers must do
How to work out monthly salary TDS under section 392 and issue Form 130.
09
TCS: tax collected at source by the seller
Which sellers collect tax on the sale, the new rates from April 2026, and how to file.
10
Reconcile TDS with Form 168 (26AS) and AIS
Make sure every rupee of TDS cut from your income shows up as credit, and fix it when it does not.