Tag Archives: Tax Collection at Source

TDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)

    TDS RATE CHART FY: 2018-19 (AY: 2019-20) Section Nature of Payment  Threshold Indv/ HUF Others     Rs. TDS Rate (%) 192 Salaries  –  Avg  – 192A Premature… Read more »

Procedure for the purposes of furnishing and verification of Form 27BA for removing of default of Short Collection and/or Non Collection of Tax at Source

F.Ro. DGIT(S)/CPC(TDS)/NOTIFICATION/2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 12/ 2016 New Delhi, 8th December, 2016 Subject:  Procedure… Read more »

3 Simple Steps for Tax Deductors to follow

Below are the three simple steps for Tax Deductors to follow in case of TDS and TCS: 1. Deduct Correct TDS while making payment as required by law Deduct tax… Read more »