Charitable Trust – TDS on Expenditure
As per the Budget proposal for 2018-19, if the charitable trust does not deduct TDS as expenses in which it was supposed to do so, 30% of such expenditure will… Read more »
TDS on Interest for senior citizens
As per the budget proposal of 2018-19, for senior citizens there needs to be no TDS deducted on interest upto Rs. 50,000/- under section 194A. Earlier this limit was Rs…. Read more »
7th February– last date for TDS & TCS payment
Please note that 7th February, 2018 is the last date for TDS and TCS payments for the deductions made in January 2018. Make sure to do the needful on time 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 »
TDSMAN updated with FVU ver. 5.7 & FVU ver. 2.153
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.7 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.153 – For statement up to FY… Read more »
FVU 5.7 & FVU 2.153 released by NSDL
The Income Tax Department has released today (11th January, 2018), the following new File Validation Utilities: FVU version 5.7 – For statement pertaining to FY 2010-11 onwards FVU version 2.153… Read more »