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 »
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 August 7 2020. u/s 194J(a) of… 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 »
Significance of the ‘REMARKS’ in TDS Returns
For the different payment types, as per applicability, standard TDS rates are specified. Under certain provisions of the Act, there could be deviation from this standard deduction rate. The ‘Remarks’… 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 »