Any person (buyer) who is liable to make payment while purchasing immovable property should deduct TDS mentioned u/s 194 – IA. If amount of ‘consideration’ payable for transfer of immovable… Read more »
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 »
15th July is the last date for filing TCS Returns for FY:19-20, Quarter 1. Typically TCS is applicable on sale of items like scrap, forest products, minerals, bullion, etc. and… Read more »
Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan ITNS 281: 1. Tax Applicable… Read more »
7th July, 2019 is the last date for TDS and TCS payments for the deductions made in June 2019. Make sure to do the needful on time to avoid interest…. Read more »
