Category: PAN

Section 194LBB – Income in respect of units of the Investment Fund

Section 194LBB of the Income Tax Act, 1961 has been inserted with effect from 1st June 2015 on TDS deduction on Income from Investment Funds. Time of Deduction: Deduction shall be… Read more »

TDS / TCS Compliance Reminder for October 2023

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7th October 2023 – Due date for TDS/TCS payment for deductions/collections during September 2023 15th October 2023 – Due date of filing  TCS Return for Quarter 2 of Financial Year 2023-2024 30th October 2023 – Due date of… Read more »

Section 194LC: TDS on Income by way of Interest from an Indian Company or a Business Trust

Deductor- The Indian Company or a business trust paying interest income Deductee- A non-resident, not being a company, or to a foreign company Time of Deduction- At the time of… Read more »