Sections of the Income-tax Act, 2025 are shown next to the 1961 Act sections.
Errors in TDS or TCS applicability lead to interest, disallowance of expenses and penalty. From 1 April 2026, TDS provisions are consolidated into tables under the Income-tax Act, 2025, which adds a layer of transition questions.
Tax opinion, Income Tax and GST
What the opinion covers
The opinion identifies the applicable provision, the rate, thresholds and any lower-deduction or exemption options.
Typical questions
- New type of payment or contract
- Payments to non-residents
- Default notices from TRACES
Timeline
Agreed at engagement.
Information we need
- Contract or invoice
- Nature of payment and payee details
How we work
- Understand the nature of the payment
- Analyse the provisions, circulars and case laws
- Deliver the opinion with the recommended treatment
Please note
- For payments to non-residents, treaty and Form 15CA / 15CB aspects are also covered
What usually comes next
- Income Tax OpinionIncome tax opinions
Frequently asked questions
Can you help with TDS default notices?
Yes. Responses to TDS default and short-deduction notices are handled under our income tax notice services.
Official sources
- Income Tax Departmentincometaxindia.gov.inActs, rules, circulars and the 1961 to 2025 section utility
- CBIC – GSTcbic-gst.gov.inCGST Act, rules, notifications and circulars
Received a notice or an order?
Call us to talk it through. Keep the notice and its response date handy.