TDS UNDER SECTION 194A

TDS Status

Tax Deducted at Source –TDS Meaning, Filing, Return & Due Dates

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 …

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Read – BIG Relief for ST community – CG relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act

CG has relaxed the provisions of Income-Tax Act, 1961 Act in relation to the payment of interest regarding TDS by Scheduled Bank to a member of Scheduled Tribe (ST) community. READ the below press released issued in this regards- Central Government relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of …

Read – BIG Relief for ST community – CG relaxes provisions of TDS u/s 194A of the Income-tax Act, 1961 in view of section of 10(26) of the Act Read More »

The Income Tax Department has issued income tax refunds to about 24 lakh taxpayers in the country till 30 August 2021. This includes both individual and corporate income tax payers, read full news

Tax deducted at source(TDS) U/s. 194A, 194J & 193 of Income Tax Act, 1961

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 »