NO TDS REQUIRED ON PURCHASE OF SOFTWARE IF SOFRWARE IS SOLD DURING THE COURSE OF SBUSEQUENT TRANSFER
NO TDS REQUIRED ON PURCHASE OF SOFTWARE IF SOFRWARE IS SOLD DURING THE COURSE OF SBUSEQUENT TRANSFER There is a…
TDS
TDS DUE DATE FOR FILLING 24Q IS EXTENDED
TDS DUE DATE FOR FILLING 24Q IS EXTENDED
No penalty if no TDS due to wrong declaration by truck owner under form 15 – I as to number of trucks owned by him
No penalty if no TDS due to wrong declaration by truck owner under form 15 – I as to number…
Income Tax Law as applicable for the first installment of advance Tax.
First installment of the advance tax is due on 15th June. Taxpayers have to ensure payment of 15% of anticipated annual…
Business Compliance Calendar for June-2019
07.06.2019 – Due date for deposit of Tax deducted/collected for the month of May 2019. However, all sum deducted/collected by…
Whether Bank Guarantee Commission attracts TDS U/s 194H? Issue decided by Delhi ITAT
Whether Bank Guarantee Commission attracts TDS U/s 194H? Issue decided by Delhi ITAT IN THE ITAT, DELHI BENCH R.K. PANDA,…
No TDS required on payment towards charges for Utilization of bandwidth
No TDS required on payment towards charges for Utilization of bandwidth Issue : Payment for utilization of bandwidth charges was…
Whether every payment of professional fees outside India attracts TDS U/s 195?
Whether every payment of professional fees outside India attracts TDS U/s 195? IN THE ITAT, MUMBAI BENCH MAHAVIR SINGH, J.M.…
Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) – CA Naresh Jakhotia
Interest paid on Interest debited to loan account is not eligible for deduction as “Housing Loan Interest u/s 24(b) –…
Eligibility of deduction towards Housing Loan Interest: Interest on capital borrowed vs. Payment to builder in installment with interest – CA Naresh Jakhotia
Eligibility of deduction towards Housing Loan Interest: Interest on capital borrowed vs. Payment to builder in installment with interest –…
Usance interest for delayed payment to holding company liable to TDS
Usance interest for delayed payment to holding company liable to TDS Usance interest for delayed payment to holding company was…
Housing Loan Interest Deduction: Taxpayer is entitled to deduct only simple interest payable & not interest on interest – CA Naresh Jakhotia
Interesting Analysis: Housing Loan Interest Deduction: Taxpayer is entitled to deduct only simple interest payable & not interest on interest…
Interest paid on TDS is a deductible expenditure under Income Tax Act – 1961
Interest paid on TDS is a deductible expenditure under Income Tax Act – 1961 Dy. CIT v. Rungta Mines Ltd.…
Discount cannot be equated to commission for TDS u/s 194H
Discount cannot be equated to commission for TDS u/s 194H Surendra Mohan Mukhija v. Dy. CIT (2019) 167 TR (A)…
Entire sale consideration was paid to bank to the credit of loan account- Still capital gain tax payable ?
Entire sale consideration was paid to bank to the credit of loan account- Still capital gain tax payable ? Short…
Annual Maintenance Contract (AMC) expenditure of computer attracts TDS @10% as technial or professional charge under section 194J ? -Interesting Observation by Lucknow ITAT
Annual Maintenance Contract (AMC) expenditure of computer attracts TDS @10% as technial or professional charge under section 194J ? -Interesting…
Applicability of TDS on Payment to non-resident for usance interest on delayed payment
Applicability of TDS on Payment to non-resident for usance interest on delayed payment Overview : Usance interest paid by assessee…
