Taxmann's TDS Ready Reckoner is a complete guide to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) under the Income-tax Act 2025, read with the Income-tax Rules 2026 and as amended by the Finance Act 2026. The 32nd Edition is fully rewritten around Chapter XIX of the new Act, where more than 50 separate TDS and TCS sections of the 1961 Act are now consolidated into Sections 392 to 401 and Forms 121 to 150.
For every type of payment – salary, interest, rent, contractor and professional fees, commission, purchase of goods and property and more – it explains who must deduct, at what rate, above what threshold and when, and the consequences of default, followed by certificates, quarterly returns, lower deduction and correction statements. With quick-reference matrices and the CBDT's guidance notes on the new forms, it is a one-stop compliance manual for accountants, payroll and finance teams and tax professionals. Paperback, 992 pages.
