TDS on Contractor Payments from 1 April 2026: Section 393 Guide
Contractor TDS moves from old Section 194C to the Section 393 table structure from 1 April 2026. Understand thresholds, 1%/2% rates and practical accounting checks.
By Team assureOfficeIncome Tax
Practical guides to returns, tax audit, assessments and notices.
Income Tax
138 articles
TDS on Professional Fees from 1 April 2026: Section 393 Guide
Professional-fee TDS continues from 1 April 2026 under Section 393 of the Income-tax Act, 2025. Understand the ₹50,000 threshold, rate distinction and transition from Section 194J.
By Team assureOfficeTDS Rates & Thresholds for Tax Year 2026-27: Practical Chart
From 1 April 2026, most non-salary TDS provisions move into Section 393 of the Income-tax Act, 2025. This practical chart covers common business payments, thresholds and rates.
By Team assureOfficeHow Income Tax Computation Works for Companies: Why You Can't Just Tax the P&L Profit, and What DTA/DTL Actually Mean
A company's tax liability is never simply its P&L profit multiplied by the tax rate. Here is exactly how the income tax computation is built from book profit, why book profit and taxable income diverge, a full worked example, and a plain-language explanation of Deferred Tax Assets and Deferred Tax Liabilities with FAQs.
By Team assureOffice
Section 43B(h) MSME & Form 3CD Clause 22: Tax Audit Guide
A practical guide to Section 43B(h), MSME payment timelines and the revised Form 3CD Clause 22 reporting for tax audit. Covers current MSME limits, 15/45-day rules, trader cases and year-end review.
By Team assureOfficeBook Depreciation vs Income Tax Depreciation: Why They Differ
Book depreciation follows the applicable accounting framework, while tax depreciation follows income-tax blocks and prescribed rates. The two figures are not expected to match.
By Team assureOfficeTDS Deposit Due Dates 2026-27: Monthly, March and Special Cases
The Income-tax Act changed from April 2026, but the core TDS deposit timelines continue. See the monthly, March and challan-cum-statement timing rules.
By Team assureOfficeIncome-tax Act 2025: Old TDS Sections vs Section 392 and 393
From 1 April 2026, salary TDS is under Section 392 and most other TDS categories are consolidated under Section 393. Old section numbers can cause filing errors for new-law transactions.
By Team assureOfficeSection 194T TDS on Partner Remuneration and Interest: 2026 Guide
Section 194T introduced 10% TDS on specified payments to partners from 1 April 2025. From 1 April 2026, the same payment category is reported under the new Act framework.
By Team assureOfficeForm 3CD Clause 22 and Section 43B(h): MSME Reporting Explained
Clause 22 and Section 43B(h) require careful MSME vendor identification, payment-period testing and year-end review. This guide explains the practical workflow.
By Team assureOfficeForm 3CD Checklist for AY 2026-27: Practical Tax Audit Review
Use this practical Form 3CD checklist to organise tax audit work for AY 2026-27, from depreciation and MSME reporting to TDS, GST and cash-transaction checks.
By Team assureOfficeForm 3CA vs Form 3CB: Which Tax Audit Report Applies for AY 2026-27?
Form 3CA applies where accounts are audited under another law, while Form 3CB applies in other tax audit cases. Form 3CD accompanies both for AY 2026-27.
By Team assureOffice