Interest on Late Payment of TDS
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every… Read more »
Category: TDS payment
Interest on Late Deduction of TDS
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in the event the tax is… Read more »
Tax Deducted at Source(TDS) on salaries for FY 2017-18 AY 2018-19
CBDT has issued circular no. 29/2017 dated 05.12.2017 in which the guidelines and instructions have been explained about calculation of TDS on Salary in FY 2017-18 AY 2018-19 under section… Read more »
TDS on Non-Salary Payments – Good Practices
We are sharing with you some insights on good practices related to tax deductions for non-salary related payments: Based on the type of payment, make sure the Section is properly… Read more »
Enhance Goodwill with TDS Compliances
For tax deductions of employees, vendors or others, one needs to ensure timely transfer of tax credit to their account. This is possible only by proper compliances which is listed… Read more »
Steps for registration and e-filing of Form 15G and Form 15H
Steps for registration and e-filing of Form 15G and Form 15H Below are the steps for registration and e-filing of Form 15G and Form 15H at the Income Tax India… Read more »