Practice Focus
Income Tax and TDS in Bangalore
Income tax returns, TDS returns, advance tax, assessments and advice on direct tax.
Overview
Scope and advisory approach
Our services include income tax returns for individuals, firms and companies, TDS returns for deductors, advance tax estimates, assessment proceedings and advice on direct tax planning and compliance.
What is covered
- Income tax returns for individuals, HUFs, firms, LLPs and companies
- Quarterly TDS and TCS returns, and TDS certificates
- Advance tax estimates
- Replies to notices and representation in assessments
- Advice on direct tax, including the move to the Income-tax Act, 2025
Who it is for
Salaried people, self-employed professionals, business owners, partnership firms, LLPs and companies in Bangalore that have income tax, TDS or advance tax to deal with.
FAQ
Common questions on income tax and tds
What are the ITR due dates for AY 2026-27?
For income of FY 2025-26: ITR-1 and ITR-2 were due on 31 July 2026. Business and profession cases without an audit were due on 31 August 2026. Audit cases were due on 31 October 2026; the CBDT has extended this to 21 November 2026 (press release of 28 September 2026). Transfer pricing cases under section 92E are due on 30 November 2026. A belated return can be filed until 31 December 2026, with late fee and interest.
What changed with the Income-tax Act, 2025?
The new Act replaced the Income-tax Act, 1961 from 1 April 2026. It uses one 'tax year' instead of the previous year and assessment year. TDS rules now sit in sections 392 and 393. Forms have new numbers: Form 138 replaces Form 24Q, Form 140 replaces Form 26Q, and Forms 130 and 131 replace Forms 16 and 16A. Income and transactions up to 31 March 2026 stay under the 1961 Act.
When must TDS be deposited and TDS returns filed?
TDS deducted in a month is generally deposited by the 7th of the next month. For March, non-government deductors have until 30 April. Quarterly TDS returns are due by 31 July, 31 October, 31 January and 31 May, for the quarters ending June, September, December and March.
Who has to pay advance tax?
Anyone whose tax for the year, after TDS, is Rs. 10,000 or more. It is paid in four parts: 15% by 15 June, 45% by 15 September, 75% by 15 December and 100% by 15 March (cumulative). Resident senior citizens with no business or professional income do not have to pay it. A shortfall attracts interest.
General statutory information as of current tax year, not formal professional advice. Limits and due dates change, so confirm with official notifications or consult us for your specific matter. See our Compliance Calendar for upcoming statutory deadlines.
Consult on Income Tax and TDS
Speak directly with CA Ashok Surana or our practice team in Bangalore regarding your income tax and tds requirements.
Direct Office: +91 88844 00109 · Mon to Sat from 9:30 AM