TDS compliance can become confusing for architecture firms, contractors and construction businesses, especially with India's new Income Tax Act taking effect in 2026. Here's a practical guide to understanding TDS on professional and contract payments, the 2026 transition, documentation and common mistakes.
A thumbs-up emoji isn't a record. When a dispute comes up months later over who approved a change and when, most firms discover their "approval process" was never actually documented anywhere defensible. Here's what makes an approval record worth relying on — and how most firms unknowingly fall short.