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Goodbye Multiple TDS Forms! IT Dept Notifies New Unified Form 141; Effective April 2026

14 April 2026Saloni Kumari
Goodbye Multiple TDS Forms! IT Dept Notifies New Unified Form 141; Effective April 2026

Goodbye Multiple TDS Forms! IT Dept Notifies New Unified Form 141; Effective April 2026

The Income Tax Department has notified a new combined challan-cum-statement called Form 141, under Section 393(1) of the Income Tax Act 2025, effective from April 01, 2026. The form has replaced all the existing TDS forms, including Forms 26QB, 26QC, 26QD, and 26QE. Now, taxpayers can make various PAN-based TDS payments using a single unified form, eliminating the need to use multiple forms.