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 »
Tag: Tax Deduction at Source
Ten Tax Saving Options for Salaried Employees
1. Leave allowance: An employee can use such an allowance to cover his domestic travel and can be used for air, rail, and road transport. 2.Gratuity paid to an employee also… Read more »
No Penalty for mere reduction in deduction claimed
Issue – Whether the penalty was imposed U/s 271(1)(c ) because of the reason that the deduction claimed under section 80-IB by the respondent-assessee was ultimately allowed at a lower… Read more »
Amount paid to seconded personnel not liable for deduction of tax at source
The trained man-power deployed abroad is drawn for the employees of its member companies. However, such deployed man-power continue to be the employees of its member companies but are seconded… Read more »
Download new Form 16A new TRACES pdf generation utility with digital singnature
www.tdscpc.gov.in has now provided a new form 16A PDF generation utility lighter version with small size and with digital signature feature. The steps to install newer version of form 16A… Read more »
Password to open Consolidated Statement file downloaded from tdscpc.gov.in
As you know that to revised eTDS return Consolidated Statement file is required and for that also now you have to go to the new website tdscpc.gov.in to download consolidated… Read more »