30th May 2025 is the due date for furnishing challan-cum-statement for TDS deducted in April 2025 under sections 194-IA, 194-IB, 194M & 194S.
#IncomeTax #TDS #194IA #194IB #194M #194S #TaxCompliance #May2025 #FinanceUpdate
15th May 2025 is the due date for issuing TDS certificates for tax deducted in March 2025 under sections 194-IA, 194-IB, 194M, and 194S. Ensure timely compliance as per Rule 31(3) of the Income Tax Rules.
#TDS #IncomeTaxIndia #194IA #194IB #194M #194S #CBDT
Due date for issue of TDS certificate for tax deducted u/s 194-IA, 194-IB, 194M, 194S during Feb 2025 is 14th April 2025. Ensure compliance within time to avoid interest and penalties. #IncomeTax #TDS #Compliance #Finance #TaxUpdates #IndiaTax #194IA #194IB

Why Paying Rent 🏠 Above ₹50,000/month Can Trigger a Tax Notice!

Claiming HRA is not enough.
If you’re paying rent > ₹50K, you’re also expected to:

✅ Deduct TDS @ 5% (or 2% from Oct 2024)
✅ File Form 26QC
✅ Issue Form 16C to landlord

Or face notices, late fees, and penalties.

#HRA #TDS #194IB

If you received an HRA-related notice/message from ITD for not deducting TDS u/s 194-IB, what action did you take?

Pick one:

1️⃣ Filed Updated Return (ITR-U)
2️⃣ Paid TDS with interest
3️⃣ Planning to respond via Form 26A
4️⃣ Not taken any action yet

💬 Comment if you have a different approach
🔁 RT to reach more affected taxpayers
#HRA #194IB #IncomeTaxIndia #efiletax