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Tuesday, September 16, 2025

Month: February 2012

Declaration for No TDS on Interest under Senior Citizens Savings Scheme – Clarification

The Government has issued followed clarification regarding Senior Citizens Saving Scheme: An individual resident in Indian of sixty-five years of age or above may furnish…

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TDS credit to be allowed if difference between TDS claim and TDS in AS-26 data does not exceed Rs. One lakh

TDS credit to be allowed if difference between the TDS claim and matching TDS amount reported in AS-26 data does not exceed Rs. One lac.…

View More TDS credit to be allowed if difference between TDS claim and TDS in AS-26 data does not exceed Rs. One lakh

TDS Not to be Deducted on Declaration Furnished by Payee

As per Section 197, TDS shall not be deducted at source in certain cases where the payee furnishes a declaration in writing that the tax…

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