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 »
Category: NSDL
New FVUs Version 7.6 & 2.172 released by NSDL on 5th May 2022
As informed by NSDL, due to some technical issues in the earlier File Validation Utility (Version 7.5 & 2.171), the updated FVUs (Version 7.6 & 2.172) have been released on… Read more »
TDS / TCS Rate Chart FY: 2022-23 (AY: 2023-24)
TDS RATE CHART FY: 2022-23 (AY: 2023-24) Section Nature of Payment Threshold Indv / HUF Others Rs. TDS Rate (%) 192 Salaries – Avg – 192A Premature withdrawal from EPF… Read more »
New FVUs Version 7.5 & 2.171 released NSDL – 9th April 2022
New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are released on 9th April, 2022 The key features of this FVU is summarized as under: File Validation Utility (FVU):… Read more »
Section 194E- TDS on Payments to Non-Resident Sportsmen or Sports Association
Deductor- Any person responsible for making payment Deductee/Payee- Non – resident foreign citizen sportsman (including an athlete) Non – resident sports association or institution Non- resident foreign citizen entertainer Time… Read more »
Section 194D – TDS on Insurance Commission
TDS needs to be deducted on payment of insurance commission. 1. Time of Deduction- TDS to be deducted at the time of payment or credit, whichever is earlier. 2. Deductor-… Read more »