TDSIncome offered by Husband and Wife separately in the ITR & TDS credit claimed by Husband Only: ITAT Mumbai allows the TDS Credit2 Dec 20240Income offered by Husband and Wife separately in the ITR & TDS credit claimed by Husband Only: ITAT Mumbai allows…
TDSTDS credit should be given in the year it is deducted, regardless of the year the income is assessed: Ahmedabad ITAT25 Nov 20240TDS credit should be given in the year it is deducted, regardless of the year the income is assessed: Ahmedabad…
Income TaxTDSNCLT Order setting aside assessment and penalty orders during the moratorium period under the Insolvency and Bankruptcy Code (IBC) and Observation by Bombay High Court15 Nov 20240NCLT Order setting aside assessment and penalty orders during the moratorium period under the Insolvency and Bankruptcy Code (IBC) and…
TDSProposed Direct Tax Code: What Changes It Could Bring14 Nov 20240Proposed Direct Tax Code: What Changes It Could Bring The upcoming Direct Tax Code (DTC) aims to overhaul and…
TDSEffective from 1st October 2024, the following TDS rate changes apply:4 Nov 20240Effective from 1st October 2024, the following TDS rate changes apply: Section 194DA: TDS on payments from life insurance…
TDSA big relief to Kingfisher’s employees, where TDS deducted by the company from Employees salary but not deposited with Govt By: Delhi High Court31 Oct 20240A big relief to Kingfisher’s employees, where TDS deducted by the company from Employees salary but not deposited with Govt…
TDSNo denial of sec. 194Q TDS credit as ‘Kachha Arhatia’ had no domain over goods sold to principal buyers29 Oct 20240No denial of sec. 194Q TDS credit as ‘Kachha Arhatia’ had no domain over goods sold to principal buyers Kamlesh…
GSTTDSFAQs on TAX DEDUCTED AT SOURCE (TDS) Under GST16 Oct 20240FAQs on TAX DEDUCTED AT SOURCE (TDS) Under GST The copy of the order is as under: FAQs…
TDSTDS on expenses reimbursed to a service provider in light of Sec 194R-TDS2 Oct 20240TDS on expenses reimbursed to a service provider in light of Sec 194R-TDS What is Sec 194R? 1. Section…
GSTIncome TaxTDSCompliance Calendar for September’2024 Revised2 Sep 20240Compliance Calendar for September’2024 Revised INCOME TAX ▪ 07th September 2024 – Due date for payment of TCS/ TDS…
TDSUnwanted Compliance Burden of TDS on payment by Partnership firm to Partners: Section 194T23 Aug 20240 Unwanted Compliance Burden of TDS on payment by Partnership firm to Partners: Section 194T The Government has proposed new…
Income TaxTDSPartnership Firms and LLPs: Enhanced Deductions with New TDS Obligations19 Aug 20240Partnership Firms and LLPs: Enhanced Deductions with New TDS Obligations In recent years, the Government has introduced concessional tax…
TDSTDS on partner’s remuneration introduced in the Budget:5 Aug 20240TDS on partner’s remuneration introduced in the Budget: Introduction: Budget 2024 proposes a deduction of TDS @ 10% on…
Income TaxTDSSupreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators3 Aug 20240Supreme Court Upholds Vodafone Idea’s Non-Liability for TDS on Payments to Non-Resident Telecom Operators Vodafone Idea Ltd (TS-547-SC-2024) Facts:…
Income TaxTDSAndhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment:29 Jun 20240Andhra Pradesh HC quashes prosecution proceedings U/S 276B where there is a reasonable cause for delay in TDS payment: …
GSTIncome TaxTDSCompliance Calendar July 202426 Jun 20240Compliance Calendar July 2024 The Copy Of the Order is as Under compliance calendar july 2024
GSTIncome TaxTDSCompliance Calendar for June’20241 Jun 20240Compliance Calendar for June’2024 INCOME TAX ▪ 07th June 2024- Due date for payment of TCS/ TDS for the…
GSTTDSCOMPLIANCE CALENDAR FOR JUNE, 202429 May 20240COMPLIANCE CALENDAR FOR JUNE, 2024 Date Particulars TDS/TCS 7th TDS/TCS Payment for May, 2024 Income Tax 15th Advance Tax…