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TCS Return Due Date: New Deadline For Tax Year 2026-27

Starting from Tax Year 2026-27, tax collectors must file quarterly TCS returns using the newly introduced Form 143, which replaces Form 27EQ under the Income Tax Act, 2025. The government has extended the filing deadlines, allowing returns to be submitted by the last day of the month following each quarter. While TCS return filing dates have been relaxed, TCS deposit due dates remain unchanged. Non-compliance may attract a late filing fee of ₹200 per day and other penalties. The revised system aims to improve tax reporting, data validation, and faster tax credit reflection for taxpayers.

Income Tax Department का बड़ा एक्शन! हजारों करदाताओं को मिले Section 143(2) Notice.

Many taxpayers across India have recently received Income Tax Notices under Section 143(2), leading to confusion and concern. The primary reason is the statutory deadline of June 30, 2026, for issuing scrutiny notices for AY 2025-26. The Income Tax Department uses AI-powered analytics, AIS, Form 26AS, GST data, and high-value transaction reporting to identify cases for detailed examination. This article explains why scrutiny notices are increasing, the most common triggers, the online response process, and practical steps taxpayers can take to handle notices confidently and stay compliant.

आयकर विभाग ने शुरू की ऑनलाइन चालान सुधार (Challan Correction) सुविधा

The Income Tax Department has launched an Online Challan Correction Request facility on the e-Filing portal to help taxpayers correct common errors in tax payments. Users can now fix mistakes related to Assessment Year, Tax Year, Major Head, and Minor Head without visiting tax offices. The facility is available for eligible unconsumed challans from AY 2020-21 onwards and must be used within specified timelines. It aims to improve tax compliance, reduce errors in Form 26AS and AIS, and make the tax system more transparent and efficient.