Form 138 vs Form 24Q: New Salary TDS Return from April 2026
Form 138 replaces Form 24Q for salary TDS reporting under the Income-tax Act, 2025. See the quarterly due dates and transition rules for payroll teams.
By Team assureOfficeIncome Tax
Practical guides to returns, tax audit, assessments and notices.
Income Tax
106 articles
Form 140 vs Form 26Q: New TDS Return for Resident Non-Salary Payments
Form 140 replaces Form 26Q for Tax Year 2026-27 resident non-salary TDS reporting. Learn who files it, quarterly due dates and transition points.
By Team assureOfficeForm 141: New TDS Challan-cum-Statement Replacing 26QB, 26QC, 26QD & 26QE
Form 141 is the unified PAN-based challan-cum-statement under the Income-tax Act, 2025 for property, rent, Individual/HUF contractor/professional payments and VDA transactions.
By Team assureOfficeTDS on Rent from 1 April 2026: Rates, Threshold & Section 393
Rent TDS continues under Section 393 from 1 April 2026. Understand the ₹50,000 monthly threshold, 2% and 10% rates, and the separate Individual/HUF Form 141 route.
By Team assureOfficeTDS 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 assureOfficeTDS 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.
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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 assureOffice