As notices have been issued by the CPC (TDS) on the filing of the Quarterly TDS Statements, TDS has become a torment not only for the assessee but also for the tax professionals. We are attempting to ...

TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...

The Income Tax Department has released a new brochure explaining Section 194-IB which relates to obligations of a tenant to pay Tax Deducted at Source (TDS) by deducting it from house rent. This ...

If the rent payable by each tenant does not exceed the threshold of Rs 50,000, the tenants are not required to deduct TDS at the time of credit or payment of rent to the landlord ...

Check details of new Income Tax notification on TDS onc ash withdrawal. The Ministry of Finance recently notified Form 26QD for TDS Return and Form 16D for TDS Certificate under section 194M and 194N ...

Challan is a form that is used to pay taxes to the government. The authorized banks receive the tax paid through a challan before it is deposited with the Income Tax department. Payments made with ...

Although one would not like to share their income and income from other sources with authorities, however, it comes as a helping hand for government in managing the country's economy. Representational ...

Income Tax Return: July 2024 is a crucial month as the deadline to file the income returns falls this month. Besides this deadline, there are a couple of more critical deadlines set by the Income Tax ...