Last date for filing of TDS returns for Q4 of FY: 2016-17 – 31st May, 2017
The last date of filing TDS returns for the fourth quarter of FY 2016-17 falls due on 31st May, 2017. It is very important to file returns on time because… Read more »
Category: PAN
Income Tax Department simplifies linking PAN with Aadhaar
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 11th May, 2017. PRESS RELEASE Income Tax Department simplifies linking PAN with Aadhaar The… Read more »
Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return
The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or proof in Form 12BB to… Read more »
TDS & TCS RATE CHART (FY: 2017-18 / AY: 2018-19)
TDS RATE CHART FY: 2017-18 (AY: 2018-19) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries – Avg – 192A Premature withdrawal… Read more »
CBDT issues PAN and TAN within 1 day to improve Ease of Doing Business
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017 CBDT issues PAN and TAN within 1 day to… Read more »
How to handle TDS on sale of property
Since June 2013, it has been mandatory for buyers of immovable property to deduct TDS from the amount to be paid to the seller. It is the responsibility of the… Read more »