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 »
Category: NSDL
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 »
Section 194A – TDS on Interest (Other than Interest on Securities)
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 »