
Form 15G and Form 15H are self declaration forms that individual taxpayers submit to tax deductors in order to request…
There are ways and means by which the taxpayers can claim TDS credit as per the procedures laid down by…
The person or company deducting TDS needs to file for returns by the end of the month following the quarter…
In a notification issued on Thursday, the CBDT clarified how the TDS will apply in a multiple ECO framework, such…
A case was filed against TDP leader Bandaru Satyanarayana Murthy at the Nagara Palem police station in Guntur district. The…
Rise in net direct tax collection bodes well for India and reflects continuing GDP growth and enhanced economic activity in…
Income Tax rules for cash deposit and withdrawal:: According to Income Tax Act, some of the transactions are treated as…
A big challenge faced by organisations include TDS compliance, the survey said, adding simplifying reporting under tax regulations would make…
TDS Return File Online: TDS return is a quarterly summary of all TDS transactions including tax collected from payments as well…
An NRI can expect to get only 70-80% of the sale proceeds due to this
Form 15G/H submission on WhatsApp: Union Bank of India has enabled its customers to submit their Form 15G/H through WhatsApp…
Ease of doing business for MSMEs: There are around 22 types of GST returns, of which around 4 are suspended…
New TDS rules from April 1: Union Budget 2023 proposed several changes in Tax Deducted at Source (TDS) rules that…
Budget 2023 Income Tax expectations of professionals: Taxpayers, including salaried and professionals, have several tax-relief expectations from the Budget.
The proposal is expected to be a part of the Union Budget 2023-24.
Non-residents are required to submit Form 10F to claim the benefit of lower Tax Deducted at Source (TDS).
Several practical challenges in applying Section 194R remain
TDS cannot be deducted by treating the gold claimed as “wastage” during making as no payment is made through cash,…