The compliance cycle for January kicks off early. January 7, 2026, is the key deadline for depositing TDS and TCS deducted or ...
TDS rates for FY 2024-25: When making a payment subject to TDS, the payer must deduct a specified percentage of the amount paid. The recipient then receives a TDS certificate from the deductor, ...
One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...
To protect one’s cash flow from the all pervasive TDS deductions, an assessee having low income tax relative to his income needs to apply for a lower/nil TDS deduction certificate. This needs to be ...
Form 16 is a certificate issued by employers, giving details of employees' TDS (tax deducted at source) usually by mid June and is used in filing I-T returns. Where the original TDS certificate is ...
The Reserve Bank in a notification said that it has been brought to its notice that some banks are not providing TDS Certificate in Form 16A to their customers in time, causing inconvenience to ...
I recently sold a property owned jointly by my mother-in-law, my wife and me. The property was purchased with a loan taken in my name although the sale deed did not mention any proportion of our ...