Scope for TDS on interest income u/s 194A widened to include co-operative societies Section 194A of the Act provides for TDS on interest other than interest on securities. It provides that any person not being individual or HUF who is responsible for paying to a resident any income …

Reduction in TDS rate on fees for technical services u/s Section 194J of the Income Tax Act Reduction in TDS rate u/s Section 194J  Section 194J of the Income Tax Act provides that a person other than an individual or a HUF who is responsible for paying to …

Exemption non-resident from filing of ITR on royalty or FTS income on deduction of TDS Union Budget 2020 has provided for exemption to non-residents from filing of ITRs on fulfilling certain conditions. Presently, section 115A of the Act provides for the determination of tax for a non-resident whose …

New Optional basic income tax exemption slab and reduced tax rates announced in budget 2020-21 for AY 2021-22 / FY 2020-21 In order to provide significant relief to the individual taxpayers and to simplify the Income-Tax law, the Union Budget proposes to bring a new and simplified personal …

Live Key Highlights of tax proposals of Union Budget 2020-21 Union Finance Minister, Smt. Nirmala Sitharaman shall be presenting Union Budget 2020-21 in the Parliament on 1st February, 2020. Users may bookmark the page and revisit tomorrow at 11:00 AM to see the live telecast of the Union …

Ahmedabad Bench of National Company Law Tribunal (NCLT) to exercise temporary jurisdiction over Madhya Pradesh till operationalization of Indore Bench MINISTRY OF COPRPORATE AFFAIRS NOTIFICATION New Delhi, the 31st January, 2020 S.O. 484(E).—In exercise of the powers conferred by sub-section (1) of section 419 of the Companies Act, …