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Sanjay Kumar Agarwal RS Kalra Practical Approach to TDS and TCS under the Income tax Act

From Bharat Law House Private Limited
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Author :Sanjay Kumar Agarwal RS Kalra

Publisher :Bharat Law House Private Limited

ISBN No :978-9347779992

SKU :BLH284

Edition :2026

Pages :592

Format :PAPERBACK

HSN No :49011010

Country Region :INDIA

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Description

DESCRIPTION

Bharat’s Practical Approach to TDS & TCS under the Income-tax Act, 2025 by CA R.S. Kalra, with a foreword by CA Sanjay Kumar Agarwal, is a practical and comprehensive guide on Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) provisions under Indian income-tax law. Published by Bharat Law House, the book explains the procedural, legal, and compliance aspects of TDS and TCS as amended by the Finance Act, 2026.

The book adopts a practical 3-DEE System approach — Deduct, Deposit, and Declare — enabling professionals, businesses, tax practitioners, accountants, and students to understand the end-to-end TDS/TCS compliance mechanism. It includes updated provisions, rates, procedural guidance, return filing requirements, penalties, judicial decisions, and practical illustrations for effective compliance and advisory work.

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Content

CONTENT

  • Comprehensive coverage of TDS and TCS provisions
  • Updated as per Finance Act, 2026 amendments
  • Practical approach to TDS/TCS compliance procedures
  • “3-DEE System” – Deduct, Deposit, and Declare methodology
  • Applicability and scope of various TDS sections
  • Tax deduction rates and threshold limits
  • TDS on salary, professional fees, contracts, rent, interest, commission, and other payments
  • TCS provisions relating to goods, foreign remittance, and specified transactions
  • Procedures for deduction, collection, and deposit of tax
  • TAN registration and compliance requirements
  • Filing of TDS/TCS returns and statements
  • Issue of TDS certificates and reconciliation procedures
  • Lower deduction certificates and exemption mechanisms
  • Interest, penalties, prosecution, and consequences of default
  • Disallowance provisions relating to non-deduction or non-payment
  • Practical illustrations and compliance-oriented examples
  • Important circulars, notifications, and departmental clarifications
  • Judicial decisions and interpretation of TDS/TCS provisions
  • Survey, scrutiny, and departmental assessment issues
  • Reconciliation with Form 26AS and AIS/TIS reporting
  • Frequently faced practical problems and their solutions
  • Quick reference tables, compliance checklists, and procedural guides

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Sanjay Kumar Agarwal RS Kalra Practical Approach to TDS and TCS under the Income tax Act

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