How to claim TDS refunds if it is not shown in the ITR filed
How to claim TDS refunds if it is not shown in the ITR filed Filing of Income Tax Return (ITR)…
TDS
An overview of TDS U/S 194O: Key issue
An overview of TDS U/S 194O: Key issue 1. According to Section 194O of the Income Tax Act, an E-commerce operator…
Delay in filing of TDS Quarterly Return: No penalty u/s 272A(2)(k) should be levied for a mere technical venial breach
Delay in filing of TDS Quarterly Return: No penalty u/s 272A(2)(k) should be levied for a mere technical venial breach…
Whether TCS applicable on sale of Coal/Tendu Leaves if the TDS is done under section 194Q by the buyer”
Whether TCS applicable on sale of Coal/Tendu Leaves if the TDS is done under section 194Q by the buyer” …
“Tax Compliance Tracker – January, 2024”
“Tax Compliance Tracker – January, 2024” 1. Compliance requirement under Income Tax act, 1961 Sl. Compliance Particulars Due Dates 1 Due…
Prosecution of Director for Non-payment of TDS
Prosecution of Director for Non-payment of TDS With the ever-increasing cases of prosecution for non-payment of TDS deducted, Bombay High…
Composite contracts cannot be divided in order to subject a part of the contract to a higher rate of TDS.
Composite contracts cannot be divided in order to subject a part of the contract to a higher rate of TDS.…
Statutory and Tax Compliance Calendar for December 2023
Statutory and Tax Compliance Calendar for December 2023 Income Tax TDS/TCS Liability Deposit Nov-23 7-Dec-23 Due date of depositing TDS/TCS…
TDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar:
TDS deductors receiving notices for not deducting TDS at 20% in case of payee not linking PAN with Aadhar: …
If deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS Rate
If deductee’s PAN is not linked with Aadhar – Deductor will also be penalized if TDS done at Normal TDS…
Higher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit
Higher TDS Rate applicable if the PAN is not linked with Aadhar at the time of payment or credit …
TDS to be deducted only on commission charges and not on gateway charges: ITAT
TDS to be deducted only on commission charges and not on gateway charges: ITAT M/s. Knowledge Hut Solutions…
TDS Mismatch while filing income tax Return: Issue & Solution
TDS Mismatch while filing income tax Return: Issue & Solution Taxpayers are eligible for credit towards Tax Deduction…
Tax Compliance Chart for August 2023
Tax Compliance Chart for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1 Income Tax TDS/TCS Liability…
CBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment years
CBDT notified Form No 71 for allowing TDS credit in cases where deductor has paid the TDS in subsequent assessment…
New File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns
New File Validation Utility (FVU) version 8.2 has been released by NSDL for TDS/TCS returns New File Validation Utility…
TDS not required to be deducted on commission paid to overseas agents: Delhi HC
TDS not required to be deducted on commission paid to overseas agents: Delhi HC Case Title: PCIT Versus…
Statutory and Tax Compliance Calendar for August 2023
Statutory and Tax Compliance Calendar for August 2023 S. No. Statue Purpose Compliance Period Due Date Compliance Details 1…
