F.No. 225/358/2018/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, IT II Division New Delhi, the 24th of September 2018 Order under Section 119 of the Income-tax Act. 1961 On due consideration of representations from various stakeholders for extending the due date, being 30th September, 2018, for filing […]
Day: September 25, 2018
Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying the tax himself. TDS rate: As applicable to an individual based on his income and deductions. Interest income: TDS is deducted by banks on FDs and […]