Tag: TDS

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Non-applicability of higher rate of TDS/TCS in the event of death of deductee/collectee before linkage of PAN and Aadhaar: IT Circular No. 08/2024

Non-applicability of higher rate of TDS/TCS as per provisions of section 206AA/206CC of the Income-tax Act, 1961, in the event of death of deductee/co [...]

Sr. Citizen Savings Scheme holders complain about April 2024 TDS deductions and direction by Deptt. of Posts

Sr. Citizen Savings Scheme Account Holders complaints raised regarding deduction of TDS in the month of April 2024 - Direction for refund the same by [...]
Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments

Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments

Highlights of Finance Bill, 2024: Tax Rate Changes, Deductions, Faceless Scheme, TCS, and Outstanding Tax Demand Amendments HIGHLIGHTS OF FINANCE BIL [...]

Deduction of Income Tax on Medical Reimbursement: Clarification

Deduction of Income Tax on Medical Reimbursement: Clarification issued by Principal Chief Commissioner of Income Tax, UP(East) on a RTI requisition [...]
Clarification regarding applicability of section 194Q

Clarification regarding applicability of section 194Q

Clarification regarding applicability of section 194Q - CGDA Order on new section 194Q inserted vide Finance Act, 2021, which took effect from 1st day [...]

Grant of certificate for deduction of Income-tax at any lower rate or no deduction through TRACES- Procedure, format and standards for filling an application

Grant of certificate for deduction of Income-tax at any lower rate or no deduction of Income-tax under sub-section (1) of section 197 of the Income-ta [...]

Deduction of TDS on payment of PLI/RPLI policies, as applicable, under section 194DA of IT Act’ 1961 – Clarification / guidelines regarding 

Deduction of TDS on payment of PLI/RPLI policies, as applicable, under section 194DA of IT Act’ 1961 - Clarification / guidelines regarding F. No. 65 [...]

Pension in respect of Gallantry Awardees – Income Tax at source is not be deducted: CPAO writes to Bank

Pension in respect of Gallantry Awardees - Income Tax at source is not be deducted: CPAO writes to Bank dt 22.08.2023 GOVERNMENT OF INDIA MINISTRY O [...]

Deduction and Deposit of TDS under GST by DDOs: CGA, Finmin Order dated 16.08.2023

Deduction and Deposit of TDS under GST by DDOs: CGA, Finmin Order dated 16.08.2023 Most Immediate/Time Bound No.11011(12)/11/2020-Codes-CGA/2428/667 [...]

Income tax (Eighteenth Amendment), Rules, 2023: Perquisites – Valuation of residential accommodation provided by the employer

Income tax (Eighteenth Amendment), Rules, 2023: Perquisites - Valuation of residential accommodation provided by the employer MINISTRY OF FINANCE (D [...]
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