Practical Guide on TDS and TCS – 24th Edition, 2025

Author: G. Sekar

Edition: 24th Edition, 2025

Binding: Paperback

Practical Guide on TDS and TCS by G. Sekar is a thoroughly updated and authoritative reference covering all aspects of Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) as per the latest amendments introduced by the Finance Act, 2025. This 24th edition offers comprehensive coverage of provisions under the Income Tax Act, 1961, along with practical insights, procedural compliance, and case-based analysis tailored for tax professionals, practitioners, students, and finance executives.

Designed for both academic and professional utility, the book simplifies complex TDS/TCS provisions through illustrations, flowcharts, practical scenarios, and real-time examples. It serves as a go-to resource for understanding statutory responsibilities, due dates, penalty provisions, and departmental procedures related to withholding and collecting taxes.

Key Features:

✔ Covers Entire TDS and TCS Framework – Detailed explanation of provisions under Chapter XVII-B and Chapter XVII-BB of the Income Tax Act.

✔ Amended as per Finance Act, 2025 – Reflects the latest legislative changes, circulars, notifications, and case laws.

✔ Practical Approach – Focuses on real-world applications with step-by-step compliance procedures.

✔ Comprehensive Coverage – Includes sections like 192, 194A, 194C, 194J, 194Q, 206C, 206AB, and more with illustrative examples.

✔ Ready Reckoner Format – Tabular presentation of rates, timelines, and return filing procedures for quick reference.

✔ Includes Judicial Precedents – Summarizes landmark judgments for better interpretation of controversial issues.

Why Choose This Book?

• Expert Authorship – Written by G. Sekar, a leading taxation faculty, with a focus on clarity and practical relevance.

• Practical Utility – Ideal for day-to-day TDS/TCS compliance, return filing, and audit readiness.

• Updated and Reliable – Fully aligned with the Finance Act, 2025 and CBDT guidelines.

• Exam and Industry Friendly – Useful for CA, CMA, CS students as well as finance and tax professionals in industry practice.

Who Should Read This Book?

• Tax Consultants and Chartered Accountants managing TDS/TCS compliance for clients.

• Corporate Finance and Accounts Executives handling payroll, vendor payments, and tax filings.

• Students preparing for CA, CMA, CS, and B.Com/M.Com taxation courses.

• Legal professionals and academicians interested in direct tax practice and advisory.

• Business Owners and Entrepreneurs seeking to comply with tax withholding obligations.

Practical Guide on TDS and TCS – 24th Edition, 2025 by G. Sekar is a comprehensive, practical, and user-friendly book that simplifies TDS and TCS compliance in India. Whether you are a student, practitioner, or finance executive, this guide equips you with everything you need to navigate the evolving tax landscape with confidence and accuracy. Now available at The BigBooks Store.