Here is an important judgement of the Honble Rajasthan High Court, in the case of Commissioner of Income Tax (TDS), Jaipur Vs. M/s. Rajasthan Urban Infrastructure [2013 (8) TMI 12-RAJASTHAN… Read more »
As per Income Tax rulings regarding issuing of Form-16 or 16A, deductors are not responsible for non-mention of payees PAN in it. In the other words we can say if… Read more »
Mismatch of Tax Credit (Form 26AS): One of the most common reasons of tax refund delays is mismatching of the taxes paid by you with the Governments online record (Form… Read more »
Buyer of immovable property can download Form 16B after registering on TRACES website as a Tax Payer.
Justification Report is currently unavailable on TRACES website for F.Y. 2012-13 and Form Type 24Q due to some technical reasons. There is no news when this report will be made… Read more »
Concept of TDS for Real estate Industry: Vide Finance Act 2013; concept of TDS on Real estate transactions was introduced in India. As per Newly inserted section 194IA, Any person,… Read more »