Tag: TDS 194A
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 …
No TDS u/s 194A on interest payments to HUDCO. CBDT notifies the Housing and Urban Development Corporation Ltd. u/s 194(3)(iii)(f) MINISTRY OF FINANCE(Department of Revenue)(CENTRAL BOARD OF DIRECT TAXES) Notification No . 26/2019 New Delhi, the 20th March , 2019 S.O. 1399(E).-Tn exercise of the powers conferred by …
No tax deduction u/s 194A for Senior Citizens where aggregate amounts of interest credited or paid during financial year does not exceed Rs. fifty thousand – CBDT F. No. Pro DGIT(S)/CPC(TDS)/Notification/2018-19 Notification No. 06/2018 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) …
Payment for delayed allotment of plot by Housing Board not interest liable to TDS u/s 194A. Expression ‘interest’ was used merely for quantification of the liability – High Court ABCAUS Case Law Citation: ABCAUS 2499 (2018) 08 HC Important Case Laws Cited/relied upon by the parties: Viswapriya Financial …
