Tag: TDS
CBDT has clarified/reiterated that no tax (TDS) is required to be ‘deducted at source’ in the case of senior citizens where the amount of such income (credited or paid) …
CBDT notifies amended IT Rules 28, 28AA, 28AB, 37G and 37H along with Revised Form 13 to implement E-process for issue of Certificate under Section 197/ 206C for Lower/ …
CBIC has notified that the provisions of Section 51 (TDS) and Section 52 (TCS) of the CGST Act 2017, i.e. TDS/ TCS under GST, shall be finally applicable from 01/10/2018.
TDS on PF withdrawals u/s 192 of Income Tax has been introduced to discourage pre-mature withdrawal, promote long term savings and to ensure taxability of such withdrawals in certain …
CBDT Prescribes Procedure for submission of Form 67 under IT Rule 116 relating to deduction for Foreign Tax Credit (FTC) while filing Statement/ Return of Income (ITR) by a Resident …
CBDT has simplified/revised the procedure for e-filing of Form 15G/ 15H (declaration forms for no TDS) and clarified the due dates for quarterly submission by payer and annual submission …
CBDT has notified the Revised Quarterly TDS Return Due Dates, applicable w.e.f. 01/06/2016 (from Financial Year 2016-17). However, there is no change in due dates for filing of Quarterly …
The due date for quarterly furnishing of 15G/ 15H declarations received by the payer from 1 April, 2016 onwards and the manner for dealing with Form 15G/15H received by …
CBDT notifies the Income-tax (11th Amendment) Rules, 2016. to insert new IT Rule 26C w.e.f. 01/06/2016, which requires submission of evidence/ proof/ supporting documents in Form 12BB by employees …
a) Meaning of ‘Interest on Securities’ under Income Tax As per S.2(28B) of Income Tax Act, 1961, unless the context otherwise requires, the term “interest on securities” means- (i) interest on …