Income TaxTDSTDS Mismatch while filing income tax Return: Issue & Solution11 Sep 20230TDS Mismatch while filing income tax Return: Issue & Solution Taxpayers are eligible for credit towards Tax Deduction…
GSTIncome Taxother topicTDSTax Compliance Chart for August 20234 Sep 20231 CommentTax Compliance Chart for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1 Income Tax TDS/TCS Liability…
TDSCBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment years2 Sep 20230CBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment…
TDSNew File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns1 Sep 20230New File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns New File Validation Utility…
TDSTDS not required to be deducted on commission paid to overseas agents: Delhi HC21 Aug 20230TDS not required to be deducted on commission paid to overseas agents: Delhi HC Case Title: PCIT Versus…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for August 20232 Aug 20230Statutory and Tax Compliance Calendar for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
TDSTDS U/S 194Q on payments made to Kachha Arahitia14 Jul 20230TDS U/S 194Q on payments made to Kachha Arahitia Kachha Arahitia are involved in selling crops on behalf of farmers.…
TDSTDS on payment by Hospitals to Consultant Doctors to be deducted U/S 194J:5 Jun 20230TDS on payment by Hospitals to Consultant Doctors to be deducted U/S 194J: M/s. Kovai Medical Centre and Hospital Limited,…
GSTIncome TaxTDSStatutory and Tax Compliance Calendar for June 20232 Jun 20230Statutory and Tax Compliance Calendar for June 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
TDSTDS under section 194-IA of the Income Tax Act is only applicable when the consideration for the transfer of immovable property exceeds Rs. 50 lakhs per buyer.5 May 20230TDS under section 194-IA of the Income Tax Act is only applicable when the consideration for the transfer of immovable…
GSTTDSBusiness Compliance Calender May – 20234 May 20230Business Compliance Calender May – 2023 Nature of Compliance DueDate Depositing of TCS/TDS for deduction done in April –…
TDSInvestment and Taxation of Senior Citizens Saving Scheme & Sukanya Samridhi Yojana1 May 20230Investment and Taxation of Senior Citizens Saving Scheme & Sukanya Samridhi Yojana There are two investment options…
TDSNo Penalty leviable under section 271C on mere delay in remittance of the TDS after deducting the same27 Apr 20230No Penalty leviable under section 271C on mere delay in remittance of the TDS after deducting the same Facts:…
Income TaxTDSApplicability of TDS on salary to employee) deputed by the Foreign Co in relation to work of Indian Subsidiary, which is reimbursed on cost to cost basis 21 Apr 20230Applicability of TDS on salary to employee) deputed by the Foreign Co in relation to work of Indian Subsidiary, which…
TDSTDS Rate Chart AY 2024-25 (FY 2023-24)13 Apr 20230TDS Rate Chart AY 2024-25 (FY 2023-24) TDS Rate Chart AY 2024-25 (FY 2023-24) Section Nature…
TDSWhether penalty can be levied u/s 271C for mere delayed payment of TDS when interest is discharged u/s 201(1A)?13 Apr 20230Whether penalty can be levied u/s 271C for mere delayed payment of TDS when interest is discharged u/s 201(1A)? …
TDSCBDT clarifies employer’s TDS obligation under new ‘default’ personal tax regime11 Apr 20230CBDT clarifies employer’s TDS obligation under new ‘default’ personal tax regime CBDT, vide Circular No. 4/2023 dated 05.04.2023, issues clarification…
TDSTDS refund cannot be withheld merely because assessment notice is issued: Delhi HC31 Mar 20230TDS refund cannot be withheld merely because assessment notice is issued: Delhi HC Oyo Hotels and Homes…