TDS: Section-wise Short Summary for the FY 2025-26
0
TDS: Section-wise Short Summary for the FY 2025-26 Here’s a detailed breakdown of TDS sections, rates, and thresholds: 1. Salary…
TDS
Common Mistakes to avoid in salary ITR Filing Mistakes
Common Mistakes to avoid in salary ITR Filing Mistakes As the ITR season gains pace, it’s crucial for salaried professionals…
26QB Vs. 27Q: Wrong TDS Form by Buyer Can’t Deny NRI’s Tax Credit
26QB Vs. 27Q: Wrong TDS Form by Buyer Can’t Deny NRI’s Tax Credit In a recent case of Parag…
Taxation of Mutual Funds in India [2025 Guide]
Taxation of Mutual Funds in India [2025 Guide] If you’re investing in mutual funds in India-whether via SIPs, lump sum,…
Section 194T of Income Tax Act: New TDS Rule on Partner Payments Explained
Section 194T of Income Tax Act: New TDS Rule on Partner Payments Explained Keywords: Section 194T, Income Tax Act, TDS on…
Whether TDS U/S 194Q is required to be deducted for payment made for electricity?
Whether TDS U/S 194Q is required to be deducted for payment made for electricity? 1. Legal Position of Section…
An overview of issues while issuing intimation u/s 143(1) by CPC
An overview of issues while issuing intimation u/s 143(1) by CPC You might be thinking it is always the…
Date of Return filing extended but not the date of Tax Payment
Date of Return filing extended but not the date of Tax Payment The INCOME TAX RETURN (ITR) FILING due…
Why you should Avoid Premature ITR Filing Due to Incomplete TDS Records
Why you should Avoid Premature ITR Filing Due to Incomplete TDS Records The date of filing the income tax…
Claim Your TDS Credit Even After ITR Filing Deadline
Claim Your TDS Credit Even After ITR Filing Deadline In a landmark judgment, the Mumbai ITAT in the case…
Compliance Calendar for June’2025
Compliance Calendar for June’2025 INCOME TAX ▪ 07th June 2025- Due date for deposit of Tax deducted and collected…
Controversy surrounding section 194T- TDS on Interest & Remuneration to the Partners
Controversy surrounding section 194T- TDS on Interest & Remuneration to the Partners The amendment u/s 194T brings with it…
Whether the non-reflection of TDS in Form 26AS disentitles the assessee from claiming credit of TDS under the Income Tax Act?
Whether the non-reflection of TDS in Form 26AS disentitles the assessee from claiming credit of TDS under the Income Tax…
TDS on Interest and Remuneration to the Partners: 10 Points to be noted
TDS on Interest and Remuneration to the Partners: 10 Points to be noted Newly introduced section 194T provides for…
Don’t forget to do TDS while Buying Property from an NRI
Don’t forget to do TDS while Buying Property from an NRI If you’re a Resident Indian buying property from…
CBDT Circular 05/2025 for Waiver of Interest levy in specified cases
CBDT Circular 05/2025 for Waiver of Interest levy in specified cases Recently, the CBDT Circular 05/2025 Dated 28.03.2025 for…
Costlier Watch, Home Theatre, Sunglasses, etc now liable for TCS
Costlier Watch, Home Theatre, Sunglasses, etc now liable for TCS CBDT notifies the following goods of the value exceeding…
CBDT circular for waiver of Interest in specified cases where TDS/TCS is debited in the bank account within due date but challan reflected later date
CBDT circular for waiver of Interest in specified cases where TDS/TCS is debited in the bank account within due date…
