Tag: Section 203A

Section 194M – Deduction of TDS by Individual and HUF from payments to contractors and professionals

      No Comments on Section 194M – Deduction of TDS by Individual and HUF from payments to contractors and professionals

A new section 194M has been proposed in the Budget of 2019 wherein an individual or an HUF (those not covered in TDS), is now required to deduct TDS @… Read more »

9 Amendments relating to TDS and TCS proposed in Budget 2015-16: Effective from June 01, 2015

      2 Comments on 9 Amendments relating to TDS and TCS proposed in Budget 2015-16: Effective from June 01, 2015

Given below are the list of changes applicable from 1st June, 2015 for TDS and TCS amendments: 1. Requirement for obtaining evidence/ particulars by employer for TDS-Section 192 2. TDS… Read more »

Obtaining / quoting tax deduction and collection account number (TAN) relaxed for certain notified persons – “Section 203A”

      No Comments on Obtaining / quoting tax deduction and collection account number (TAN) relaxed for certain notified persons – “Section 203A”

At present, any person who is required to deduct tax at source (other than under Section 194IA) is expected to obtain a TAN and quote that TAN in the challan… Read more »