Non-applicability of higher rate of TDS/TCS in the event of death of a person before linkage of PAN and Aadhaar
Although in the circular they have mentioned that higher TDS shall not be charged, however no resolution has been provided ...
Friday, December 27, 2024
Tag: New tds section
TDS on purchase of immovable property under Income tax act
This section is only applicable where seller is a resident, if seller is non-resident TDS needs to be deducted u/s ...
No TDS u/s 194-I for lease rent of ship to IFSC unit [Read notification]
The lessee shall,- (i) not deduct tax on payment made or credited to lessor after the date of receipt of ...
Additional Guidelines by CBDT for removal of difficulties under sub-section (2) of section 194R
It is clarified that this Circular is only for removing implementation of provisions of section 194R of the Act and ...
Clarification provided by CBDT in relation to TDS under section 194R of the Act – TDS on perquisite [Read circular]
It is not necessary for the payer/deductor to check the taxability of the sum in the hands of the payee ...
What is section 206AB where TDS is deducted at double rate for non-filers and for which declaration is being circulated by businesses
Finance Act, 2021 had introduced section 206AB where higher TDS rate was suggested for people who matches both the condition ...
Section 194M: TDS on payment made for contract, commission and professional service for personal use
Section 194M was inserted by Finance Act 2019 to bring under the radar the income earned by professional and contractor ...
CBDT clarification on application of TDS u/s 194N of the income tax act and this section won’t be applicable on Foreign exchange dealers. (i.e. TDS on cash withdrawal from bank)
Update: On October 15, 2019 the following clarification was provided by CBDT: Using the power provided in clause (v) of ...
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GSTR 9/ 9C due date to be extended to 31.10.2020 | E-invoicing will be voluntary in the beginning
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How to pay Membership and COP fees of ICAI for 2020-21 |
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Code/ Nature of payment 6CR updated by NSDL in challan 281 for paying TCS on sale of goods
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Are all the due dates of tax audit and Income tax return for FY 2019-20 extended to 31.03.2021 by the bill presented in Lok sabha Dt. 18.09.2020
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SFT transaction mentioned in Form 26AS | What does it mean? | Who reports it? | SFT codes transaction type
- Statutory Audit of Current Investments in Indian Companies [Company Law]
- Recommendations of the 55th Meeting of the GST Council
- Statutory Compliance Calendar for December 2024 | Income tax, GST and various other laws
- Statutory Audit of Other Non-Current Assets [Company Law]
- Extension of due date for furnishing return of income from 30.11.2024 to 15.12.2024
- PAN 2.0: A Digital Leap in Taxpayer Services
- Statutory Audit of Long-Term Loans and Advances [Company law]
- Condonation of delay for Form 9A/10/10B/10BB for AY 2018-19 and subsequent years
- Statutory Audit of Non-Current Investments in Indian Companies [Company Law]
- Statutory Audit of Intangible Assets Under Development in Indian Companies [Company Law]
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