TDS

What are the consequences faced by an Employer on refusal to issue the TDS Certificate / Form 16? 2 min read

• Income Tax

What are the consequences faced by an Employer on refusal to issue the TDS Certificate / Form 16?

Diksha Garg 5 years ago

This post focuses on the option an employee or Taxpayer has when their employer refuses to provide the TDS Certificate / Salary Certificate/ Form 16. ... Read More

Mismatch in Credit of TDS : Is the Assessee Liable to Pay? 2 min read

• Income Tax

Mismatch in Credit of TDS : Is the Assessee Liable to Pay?

Diksha Garg 5 years ago

Assessee cannot be held responsible for tax Payment that has been deducted by the deductor at the source... Read More

Changes in the TDS provision via the Finance bill,2019 passed by the Lok Sabha and Interim Budget, 2019 3 min read

• Income Tax

Changes in the TDS provision via the Finance bill,2019 passed by the Lok Sabha and Interim Budget, 2019

Diksha Garg 5 years ago

Sec 194M (new section): TDS on payment surpassing Rs 50 lakhs to either a Contractor or a Professional by Individual/HUF (This is applicable w.e.f. 01/09/2019)... Read More

Changes in the TDS provision via the Finance bill,2019 passed by the Lok Sabha and Interim Budget, 2019

3 min read

• Income Tax

Changes in the TDS provision via the Finance bill,2019 passed by the Lok Sabha and Interim Budget, 2019

Diksha Garg 5 years ago

Sec 194M (new section): TDS on payment surpassing Rs 50 lakhs to either a Contractor or a Professional by Individual/HUF (This is applicable w.e.f. 01/09/2019)... Read More

Life Insurance Policy Payouts – Are they Taxable or Not? 3 min read

• Insurance

Life Insurance Policy Payouts – Are they Taxable or Not?

Diksha Garg 6 years ago

The basic idea about life insurance policies is that they are tax-free. But this might be subject to conditions and/or exceptions. In order to utilize... Read More

Section 195 – TDS for Non-Resident Indians 3 min read

• Income Tax

Section 195 – TDS for Non-Resident Indians

Diksha Garg 6 years ago

Section 195 of the Income Tax Act, 1961, is all about the Tax Deducted at Source (TDS) for Non-Resident Indians. This section basically highlights the... Read More

Bombay HC: TDS On Salaries Will Not Be Reimbursed Under Secondment Agreement 3 min read

• Income Tax

Bombay HC: TDS On Salaries Will Not Be Reimbursed Under Secondment Agreement

Diksha Garg 8 years ago

In a new ruling that has gained significance in the recent times, the Bombay High Court will hold the salary payment under the secondment agreement... Read More

Change in the Rates of TDS for FY 2017-18 and the applicable areas 6 min read

• Income Tax

Change in the Rates of TDS for FY 2017-18 and the applicable areas

Rebecca Ghomes 8 years ago

TDS means Tax Deducted at Source and this is one of the modes by which taxes are collected. This chart features the tax deduction rates... Read More

Analysis and highlights of Finance Budget 2017- Part 1 5 min read

• Income Tax

Analysis and highlights of Finance Budget 2017- Part 1

Akanksha 8 years ago

Union Finance Minister Mr. Arun Jaitley on 1st of February 2017 announced the most highly anticipated Finance Budget 2017. After demonetisation, a progressive budget was... Read More

Understanding Form 24Q, 26Q and 27Q for TDS Returns against Tax deducted at Source 3 min read

• Income Tax

Understanding Form 24Q, 26Q and 27Q for TDS Returns against Tax deducted at Source

Sourav 8 years ago

Tax Deducted at Source, or TDS as it called in short, is considered as a kind of advance tax. The legislature gets a specific tax... Read More