TDS
Landmark Judgment : Shortfall in deduction of TDS don’t attract disallowance u/s 40(a)(ia)
Landmark Judgment : Shortfall in deduction of TDS don’t attract disallowance u/s 40(a)(ia) Hall Offshore Ltd. v. ACIT Decision: …
Transporter Declaration for Non Deduction of TDS
Transporter Declaration for Non Deduction of TDS Declaration-us-194C
No TDS U/s 195 on payment of Referral fees to foreign concern, for introducing clients to assessee
No TDS U/s 195 on payment of Referral fees to foreign concern, for introducing clients to assessee short overview :…
Interesting Issue : Applicability of TDS on Purchase of agricultural land on piece-meal basis Combined value of three properties exceeding Rs. 50 lakhs but the seller and khasra number are the same
Interesting Issue : Applicability of TDS on Purchase of agricultural land on piece-meal basis Combined value of three properties exceeding…
No TDS on Cash withdrawal prior to 01.09.2019
No TDS on Cash withdrawal prior to 01.09.2019 In order to discourage cash transactions and move towards less cash economy,…
TDS is not applicable on agreement for sale of space for advertisement.
TDS is not applicable on agreement for sale of space for advertisement. Karnatka High court has recently held in…
All about Section 194M
All about Section 194M Section 194M provides for levy of TDS at the rate of 5% on the sum paid…
Whether Payment towards outsourcing services attracts TDS ?
Whether Payment towards outsourcing services attracts TDS ? short overview : Where assessee had hired the services for various works such…
Late fee is not in the guise of a tax nor is it onerous. Late filing of TDS returns by the deductor causesinconvenience to everyone and s. 234E levies a fee to regularize the said latefiling: Bombay HC
Late fee is not in the guise of a tax nor is it onerous. Late filing of TDS returns by…
TDS Return Late fee (or GST Late fee) is an allowable expenditure
TDS Return Late fee (or GST Late fee) is an allowable expenditure Before the question of allowability or disallowability…
Applicability of TDS on Fee paid to facilitate online payment gateways
Applicability of TDS on Fee paid to facilitate online payment gateways Short Overview Where assessee sold travel products through online…
Whether TDS required on cash withdrawals on cash withdrawals by customer from its account with credit Co-operative society: New Section – New controversy in section 194N
Whether TDS required on cash withdrawals on cash withdrawals by customer from its account with credit Co-operative society: New Section…
Service availed by hospital towards maintenance of equipments – Is it a technical service liable for TDS U/s 194J?
Service availed by hospital towards maintenance of equipments – Is it a technical service liable for TDS U/s 194J? Short…
Credit of TDS u/s 194N shall be available to deductee in year of deduction: CBDT
Credit of TDS u/s 194N shall be available to deductee in year of deduction: CBDT The basic rule for TDS…
TDS RATES CHART [For Assessment year 2020-21]
TDS RATES CHART [For Assessment year 2020-21] Particulars TDS Rates (in %) 1. In the case of a person…
No TDS required on Commission payment to foreign agents on rendering of services and receipt of payments outside India if there is no PE in India
No TDS required on Commission payment to foreign agents on rendering of services and receipt of payments outside India if…
Delhi ITAT confirmed additions as assessee claimed TDS but didn’t offer corresponding income in ITR
Delhi ITAT confirmed additions as assessee claimed TDS but didn’t offer corresponding income in ITR INCOME TAX : Where assessee…
