TDS Under Section 194H – Brokerage & Commission
What is Section 194H? Section 194H of the Income Tax Act is specifically dedicated to TDS deducted on income earned through brokerage or commission by any person liable to pay… Read more »
Tag: Section 194H
Reduction / Optimization of TDS Rates W.E.F. 1st October ‘24
Effective from 1st October 2024, Tax Deducted at Source (TDS) rates have been reduced. These are part of the government’s ongoing efforts to simplify tax compliance and minimize the financial… Read more »
Due Dates for January 2016
7 January 2016 – Due date for deposit of Tax deducted/collected for the month of December, 2015. However, all sum deducted/collected by an office of the government shall be paid… Read more »
FAQ on Section 194H – TDS from Commission and Brokerage
Q1. Who is responsible to deduct tax u/s 194H? Ans. Any person, (other than individual or a Hindu undivided family) who is responsible for paying, to a resident, any income by… Read more »