N R Gugale & Co

📢 New TDS Rule for Partnership Firms – Section 194T
(Effective from 1 April 2025)

From FY 2025–26, Partnership Firms & LLPs must deduct TDS on certain payments to partners.

🔹 TDS Rate: 10%
🔹 Applicable if total payment exceeds ₹20,000/year
🔹 Covers salary, interest, commission & bonus

❌ No TDS on capital withdrawals

📝 Be TDS-ready from 1 April 2025. Review partnership deed & accounting practices in advance.

📢 TDS RETURN DUE DATE ALERT – Q3 (Oct–Dec 2025) 📢

🗓 Due Date: 31st January 2026
📄 Quarterly TDS Return for the quarter ending 31st December 2025

⚠️ Delay can lead to:
❌ Late fee u/s 234E
❌ Interest & penalties
❌ Income Tax notices

✅ File your TDS return on time and stay fully compliant.

💼 We can help you with:
✔ TDS Return Filing
✔ Correction Statements
✔ PAN–Aadhaar Issues
✔ Handling TDS Notices

👉 Timely compliance today avoids unnecessary stress tomorrow!

📢 Important Reminder: Reset Invoice Numbering for FY 2025-26 📢
🔹 New Financial Year, New Invoice Series! 🔹

As we step into FY 2025-26, ensure that your business stays GST & accounting compliant by resetting your invoice numbering series today!

✅ Start a fresh invoice series (e.g., INV/2025-26/001)
✅ Maintain sequential numbering for all invoices
✅ Update your billing software & accounting records
✅ Ensure GST & Income Tax compliance to avoid penalties

📞 Need Assistance? We’re here to help with a seamless financial year transition!

📲 CA Nitesh R. Gugale – 9423791885 / 9209200100
📲 CA Rachana N. Gugale – 9730706806 / 7972458452
📧 Email: [email protected]

💼 Stay compliant & organized for a smooth financial year ahead! 🚀📑