Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying tax… Read more »
The Income Tax department has issued over 850 prosecution notices to firms in the private and government domain in Karnataka and Goa on charges of delay in remitting TDS funds… Read more »
Individuals and HUFs paying rent of Rs 50,000 or more per month will now have to deduct 5% tax at source i.e TDS at the rate of 5%, as per… Read more »
Last date for issuance of TDS certificates for Quarter 3 of FY: 2016-17 is 15th February, 2017 The above is applicable for all other than government deductors Delay in certificates… Read more »
Last date of TDS payment for the month of January 2017 – 7th February, 2017 Please Note: In case the assessee deposits the TDS Payment after the due date of… Read more »
LAST DATE OF TDS RETURN FILING FOR Q3, FY: 2016-17 – 31st JANUARY, 2017 TDS Returns-Important With the introduction of Section 234E, there is now a provision of stringent penalties for… Read more »