TDS Rates for tax deduction at source for AY 2021-22

TDS Rates for tax deduction at source for AY 2021-22 All the TDS Rates mentioned below are to be reduced by 25% in view of the relief measures announced by the Government due to Covid-19. Particulars TDS Rates (in %) 1. In the ...
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Few issue related to TDS on cash withdrawals u/s 194N

Few issue related to TDS on cash withdrawals u/s 194N Originally section 194N has provided for TDS @ 2% on cash withdrawn in excess of 2%. However, Finance Act, 2020 has altogether changed the mode of collecting TDS by providing (a) different ...
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Discount may attractsTDS under section 194H

Discount may attracts TDS under section 194H Yes, discounts may attract TDS under section 194H. This is the issue involved in a number of cases now. Question arises as to how the discount given by the seller attracts TDS. Discount ...
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Commission agent & Traders in APMC, Money Changer, and Cash Replenshipment Agencies not subject to TDS U/s 194N on cash Withdrawal : CBDT Clarified

Commission agent & Traders in APMC, Money Changer, and Cash Replenshipment Agencies not subject to TDS U/s 194N on cash Withdrawal : CBDT Clarified F.No. 370142/27/2020-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Room no. 147B-II, North Block, New Delhi, Dated ...
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