form 138 replace tds 24q (part2) #incometax2026 #update

form 138 replace tds 24q (part2) #incometax2026 #update

Form 138 replaces Form 24Q from April 2026 under the new Income Tax Rules. This major update simplifies TDS return filing on salary income with improved digital reporting, structured data, and better compliance. Employers must now file Form 138 quarterly to report TDS deductions accurately and avoid penalties. Stay updated with the latest income tax changes for FY 2026-27 and ensure timely filing.

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