TDS

  • Income Tax

CBDT relaxes applying & processing for lower rate/Nil TDS/TCS certificates

CBDT grants relaxation in applying / processing for issue of certificates for lower rate/nil deduction/collection of TDS or TCS F.…

4 years ago
  • Income Tax

New TDS section 194O introduced to include  E-commerce transactions

New TDS section 194O introduced to include E-commerce transactions. E-commerce operator to deduct tax for payments to e-commerce participant Union…

4 years ago
  • Income Tax

Scope for TDS on interest income u/s 194A widened to include co-operative societies

Scope for TDS on interest income u/s 194A widened to include co-operative societies Section 194A of the Act provides for…

4 years ago
  • Income Tax

Reduction in TDS rate on fees for technical services u/s Section 194J at par with Section 194C

Reduction in TDS rate on fees for technical services u/s Section 194J of the Income Tax Act Reduction in TDS…

4 years ago
  • Income Tax

TDS liability on Individual/HUF u/s 194M on payment to contractors / professionals

TDS to be deducted by Individual/HUF u/s 194M on payment exceeding 50 lakhs to contractors and professionals even for personal…

5 years ago
  • Income Tax

Income-tax advisory for payment of monthly rent over Rs. 50000 pm

Income Tax Department has issued an advisory for payment of monthly rent over Rs. 50000/- ITD has cautioned individuals/HUFs (except those…

6 years ago
  • Income Tax

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally CBDT Circular 18/2017

TDS Deduction Requirement for entities whose income is exempt us 10 unconditionally and who are also statutorily not required  to…

7 years ago
  • Income Tax

Reimbursement of expenses not “Work” to fall within the ambit of TDS under section 194C

Reimbursement of expenses not "Work" to fall within the ambit of TDS under section 194C ITAT Delhi in a recent…

8 years ago
  • Income Tax

TDS default Proceedings u/s 201/201A can not be initiated unless deductee also fails to pay tax directly

TDS default Proceedings u/s 201/201A can not be initiated unless it is found that deductee has also failed to pay…

8 years ago
  • Income Tax

Form 15G 15H for receiving Rent Payments without TDS deduction from 01-06-2016.

Form 15G 15H for receiving Rent Payments without TDS deduction from 01-06-2016. Budget 2016-17 amendment to section 197A and 194I…

8 years ago