Time of Deduction- One time in a year i.e. annually in the last month of previous year or in the month before the tenant vacates the flat. Deductor- Any Individual/… Read more »
Time of Deduction- TDS to be deducted at the time of credit or payment, whichever is earlier. Deductor- Any person (other than a person referred to in Section 194LA- tax… Read more »
TDS needs to be deducted on payment of insurance commission. Time of Deduction- TDS to be deducted at the time of payment or credit, whichever is earlier. Deductor- Any person… Read more »
TDS to be deducted on interest payable like interest on fixed deposit, interest on unsecured loan. Interest on securities are not covered under this section but covered under Section 193…. Read more »
Dividend received by resident shareholders are now taxable as per the income tax slab rates. Sec 194 has gained prominence as TDS shall be deducted on dividend by the company… Read more »
Relief is provided under section 89(1), if salary pertaining to another period is received in advance/ or in arrears during a financial year, leading to additional tax liability. What is… Read more »