TDS/TCS Rates Chart for F.Y. 2015-16
The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16 Nature of Payment Made To Residents Cutoff (Rs.) Company / Firm… Read more »
Author Archives: TDSMAN
Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015
Several amendments have been proposed in the sections dealing with the deduction of tax at source. 1. Requirement for obtaining evidence/ particulars by employer for TDS-Section 192 1.1 Currently, the… Read more »
TDS from interest on Recurring Deposit (RD), deposit in Cooperative Bank w.e.f 01.06.2015
There are several amendments pertaining to TDS from interest. 3.1 Interest on fixed deposits with banks attracts TDS under Section 194A. Only exception to this was in respect of interest… Read more »
TDS from premature withdrawal from Employees’ Provident Fund Scheme (EPFS): Sections 192A and 197A
When an employee participating in a Recognised Provident Fund (RPF) withdraws the accumulated balance lying to her/his credit in the said RPF account, that amount is not included in her/his… Read more »
Due Dates for the month of April 2015
Important due dates in the month of April 2015 has been given below: 7 April 2015 – Due date for deposit of Tax deducted under Section 194-IA in the month… Read more »
Important TDS due dates for the month of March 2015
Important TDS due dates in the month of March 2015 has been given below: Due dates of TDS (tax deducted at source) for month of March: Due date for tds… Read more »