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Friday, November 14, 2025

Day: April 3, 2015

Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015

Several amendments have been proposed in the sections dealing with the deduction of tax at source. 1. Requirement for obtaining evidence/ particulars by employer for…

View More Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015

TDS from interest on Recurring Deposit (RD), deposit in Cooperative Bank w.e.f 01.06.2015

There are several amendments pertaining to TDS from interest.  3.1 Interest on fixed deposits with banks attracts TDS under Section 194A. Only exception to this…

View More TDS from interest on Recurring Deposit (RD), deposit in Cooperative Bank w.e.f 01.06.2015

TDS from premature withdrawal from Employees’ Provident Fund Scheme (EPFS): Sections 192A and 197A

When an employee participating in a Recognised Provident Fund (RPF) withdraws the accumulated balance lying to her/his credit in the said RPF account, that amount…

View More TDS from premature withdrawal from Employees’ Provident Fund Scheme (EPFS): Sections 192A and 197A

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