TDS on Income from Pension
Before proceeding on TDS provisions applicability on Income from Pension, it is important to understand the different types of pensions and TDS provision. There are 3 primary schemes for pensioners…. Read more »
Author Archives: TDSMAN
TDS Rate Chart FY: 2021-22 (AY: 2022-23)
TDS RATE CHART FY: 2021-22 (AY: 2022-23) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries – Avg – 192A Premature withdrawal… Read more »
New FVUs Version 7.1 & 2.167 released by NSDL – Key Features
New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are released today (2nd April 2021). Apart from others, this FVU takes care of the new section 115BAC incorporated in… Read more »
Interest on Late Payment of TDS
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every… Read more »
Salary Details (Annexure II) : Form 24Q-Q4
Vide Notification No. 36/2019 by the Income Tax Department it had substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with effect from… Read more »
TDS Under Section 194J(a) & 194J(b)
The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two sections, 194J(a) and 194J(b), effective from 7th August 2020. u/s 194J(a) of… Read more »