Budget 2026: Companies seek elimination of TDS and TCS on GST-covered transactions

Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...
Tax Guru

TDS Credit Cannot Be Denied Due to Reporting Mismatch

The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...

Budget 2026: Major customs overhaul likely as government plans easier TDS and tax relief

Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and ...

Economic Survey’s ‘real-time TDS’ pitch: faster credits in 26AS, better cash returns

Economic Survey suggests real-time TDS remittance by banks instead of batches, and a treasury manager to invest short-term ...
Tax Guru

TDS on Agent Commission: Only Interest Recoverable if Tax Paid

The Court held that while Section 194H applies to supplementary commission, no tax demand survives once agents have paid tax. Recovery was limited to interest under section ...