Section 194H discusses the implication of taxes on income generated via commission or brokerage by any individual a...
Continue ReadingThe TDS on FD interest is one of the primary concerns for the taxpayers belong to lower and middle class section of...
Continue ReadingIt’s almost impractical to identify a home that comes with an affordable rent amount. However, if you managed to...
Continue ReadingLast year, CBDT, by way of Circular No 20-2020, released on 03.12.2020, has provides some clarification for the “...
Continue ReadingThe concept of TDS came into existence to collect Tax from the non-exempted source of income. As per TDS, an indivi...
Continue ReadingThe tax deduction at source (aka TDS) has been rather beneficial in tax collections in the country by covering the...
Continue ReadingTRACES registration is compulsory for the taxpayer to file a correction statement. It enables the taxpayer to file...
Continue ReadingA new TDS section 194O was unveiled in the Union Budget 2020. E-commerce has become the primary choice for traders...
Continue ReadingEvery assesses whose has to deduct TDS requires filing TDS return. These returns must be filed after particular int...
Continue ReadingThere are various provision under Income Tax Act that provide liberty for paying tax after the due date , however t...
Continue ReadingThe individuals who have made financial declarations at a start of the year, which are less than the proof of inves...
Continue ReadingSection 194M exhibits about taxing high valued transactions that occur at a personal level introduced by the govern...
Continue ReadingIn year 2004, a manual process of collection of taxes was replaced by an OLTAS (Online Tax Accounting System). It w...
Continue ReadingTax Deducted at Source forms a major part of direct taxation mechanism applicable to various heads of an income to...
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