Bombay High Court has ruled that payment of salary under secondment agreement does not attract tax deducted at source (TDS). Secondment agreement is an agreement between a foreign Company and… Read more »
Due Date for payment of TDS is 7th May, 2017 for tax deducted during April 2017 Please Note: In case the assessee deposits the TDS Payment after the due date… Read more »
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 »
Tax Collection at Source (TCS) – FY: 2016-17 (Q4) Last Date of payment for March 2017 – 7th April 2017 Last Date for Return Filing – 15th May, 2017 Tax… Read more »
After launching the ambitious e-nivaran facility for online redressal of taxpayers’ grievances, the Income Tax Department has now opened these windows at its 60 special offices across the country. The… 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 »