Friday, March 27, 2026
1 change · 18.0
Enhancements to existing features
This update incorporates changes to India's tax regulations (IT Act 2025) regarding TDS and TCS. It adds new tax sections and calculations aligned with the updated legislation, ensuring accurate reporting and compliance. Existing tax configurations have been deactivated to reflect the new rules.
Original PR description
The Income Tax Bill 2025 introduces TDS and TCS provisions in a more structured way compared to the existing Income-tax Act 1961, with the addition of new sections and taxes. This commit adds new sections and corresponding taxes for sections 392, 393, and 394, along with their respective reports. It also introduces new TDS and TCS tax groups for these taxes to differentiate them from the existing ones. The old taxes are deactivated as they are no longer applicable. task-6035844