Tag: CBDT

CBDT relaxes rules for TDS claims by non-resident companies

Non-resident investors who do not provide permanent account number will no longer have to face higher tax deduction at source. The income tax department has eased norms for non-resident investors,… Read more »

Last date for filing of TDS returns for Q1, FY:2016-17 – 31st July, 2016

CBDT has vide notification no. 30/2016 dated 29-04-2016 has revised the due date for filing TDS Returns for Government and Non-Government Deductors w.e.f  1st June, 2016. The New Dates for TDS Return filing effective from… Read more »

New Dates for filing of TDS Returns w.e.f 1st June, 2016

CBDT has vide notification no. 30/2016 dated 29-04-2016 has revised the due date for filing TDS Returns for Government and Non-Government Deductors w.e.f  1st June, 2016. The New Dates for TDS Return filing effective from… Read more »

Tax deduction at source is not applicable to reasonable per diem allowances paid to employees for overseas trips

Background The Income-tax Act, 1961 (the Act) provides exemption from tax in respect of allowances granted by an employer to its employees in order to meet specific expenses to the… Read more »

Relaxation for Furnishing of UID in case of Form 15G/15H for certain quarters

Circular No.18/2016   F.No 142/32/2015-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated: 23rd May, 2016 Sub: Relaxation for Furnishing of UID… Read more »