Budget 2019 – Relaxation of Section 201 in respect of payments to non-residents
If the deductor fails to deduct whole or any part of the tax or he fails to deposit the tax to credit of Central Govt. he will be considered to… Read more »
Category: Income Tax Circular
Budget 2019 – TDS on gross amount including incidental charges while purchasing of immovable property
Any person (buyer) who is liable to make payment while purchasing immovable property should deduct TDS mentioned u/s 194 – IA. If amount of ‘consideration’ payable for transfer of immovable… Read more »
Extension of filing of Form 24Q for FY:18-19 (Q4)
CBDT vide their Press Release dated 4th June 2019 has extended the due date of filing of TDS Returns for Form 24Q (Salary) from 31st May 2019 to 30th June 2019. This has been… Read more »
Extension of filing of Form 24Q for FY:18-19 (Q4)
CBDT vide their Press Release dated 4th June 2019 has extended the due date of filing of TDS Returns for Form 24Q (Salary) from 31st May 2019 to 30th June 2019. This has been… Read more »
Major Changes in Salary TDS Returns – Form 24Q
Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part B of Form 16 (Salary TDS Certificate given to Employees) with effect… Read more »
Synopsis of changes – File Validation Utility (FVU) Ver. 6.2
FVU Ver. 6.2 has been released on 12th May 2019. This FVU is primarily based on the new changes in Annexure II (Salary Details) of Form 24Q-Q4 as per Notification… Read more »