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TDS / TCS (Income Tax) – Information & Resource Bank

January 24, 2013

  • TDS
  • TDS certificates

Credit for TDS allowed if Income shown in certificate is offered for tax despite certificate is not in Assessee name

TDSMAN12 years ago3 years ago23 mins

Assessee is entitled to the credit of the TDS mentioned in the TDS certificates issued by the contractor, whether the said certificate is issued in the name of the Joint Venture or in the name of a Director of the assessee company. They have considered the terms of the agreement dated 12-03-2003 among the parties…

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  • TDS

S.194H TDS not deductible on charges for utilization of credit card facilities

TDSMAN12 years ago3 years ago02 mins

Commission paid to the credit card companies cannot be considered as falling within the purview of S.194H. Even though the definition of the term commission or brokerage used in the said section is an inclusive definition, it is clear that the liability to make TDS under the said section arises only when a person acts…

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January 2013
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Categories

software-released-banner-2024-25-no-offer-050224
tds-tcs-rate-chart
tm-show-video-yt
tdsman-banner-free-trial
enterprisetds-banner

Calendar

January 2013
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Dec   Feb »
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