Rights of Employees & Others (TDS Deductees)
Credit of TDS – If tax has been deducted at source u/s 192 to 194 A/B/BB/C/ D/E/EE/F/G/H/I/J/K, 195, 196A/B/C and D, the person from whose income (payment) the tax has… Read more »
Category: TDS certificates
Duties of Tax Deductors (TDS)
Deduct Tax at Correct Rate and deposit in Government Account-Sec. 200 Every person responsible for deducting tax at source shall at the time of payment or credit of income, whichever… Read more »
TDS Default Types & Tips to avoid it
One can avoid defaults in the TDS statements, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct Reporting with regard to… Read more »
TDS/TCS Rates Chart for F.Y. 2015-16
The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16 Nature of Payment Made To Residents Cutoff (Rs.) Company / Firm… Read more »
Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015
Several amendments have been proposed in the sections dealing with the deduction of tax at source. 1. Requirement for obtaining evidence/ particulars by employer for TDS-Section 192 1.1 Currently, the… Read more »
Due Dates for the month of April 2015
Important due dates in the month of April 2015 has been given below: 7 April 2015 – Due date for deposit of Tax deducted under Section 194-IA in the month… Read more »