Today 31/01/2023 Due Date to file the TDS Statement for Quarter-3 of FY 2022-23 From tomorrow late filing fee u/s 234E Rs.200 per day is applicable (Late fee shall not exceed the amount of TDS) Usually, if the income earned by you exceeds a specified limit, then tax is deducted by the payer of the …
Income Tax Alert: Filing TDS return for FY 2022-23? Read More »
TDS is basically a part of income tax. It has to be deducted by a person for certain payments made by them. In this article, we will discuss in detail the TDS provisions under the Income Tax Act. TDS or Tax Deducted at Source is income tax reduced from the money paid at the time …
Tax Deducted at Source –TDS Meaning, Filing, Return & Due Dates Read More »
Tax deducted at source from interest other than interest on securities (Section-194A), from fees for professional services/technical services/royalty (Section-194J) and from interest on securities (section 193) For quick and efficient collection of taxes, the Income-tax Law has incorporated a system of deduction of tax at the point of generation of income. This system is called …
Tax deducted at source(TDS) U/s. 194A, 194J & 193 of Income Tax Act, 1961 Read More »