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Wednesday, November 05, 2025

Month: July 2019

Interest on Late Payment of TDS

In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to…

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Dos & Don’ts for TDS Returns

Given below are some dos and don’ts for the filing of TDS returns: Dos Ensure that TDS return is filed with the same TAN against…

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Section 194M – Deduction of TDS by Individual and HUF from payments to contractors and professionals

A new section 194M has been proposed in the Budget of 2019 wherein an individual or an HUF (those not covered in TDS), is now…

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Section 194M – Rationale & Brief Analysis

A new section 194M has been proposed in the Budget of 2019 wherein an individual or an HUF (those not covered in TDS), is now…

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TCS Return – Last Date 15th July

15th July is the last date for filing  TCS Returns for FY:19-20, Quarter 1. Typically TCS is applicable on sale of items like scrap, forest…

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Online TDS/TCS/Demand Payment using Challan ITNS 281

Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan…

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TDS/TCS Compliances for July, August & September 2019

Compliances for July 15th July – last date of filing TCS Returns for FY: 19-20, Quarter 1 (Apr – Jun) 30th July – last date…

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TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)

    TDS RATE CHART FY: 2019-20 (AY: 2020-21) Section Nature of Payment  Threshold Indv/ HUF Others     Rs. TDS Rate (%) 192 Salaries …

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Payment of taxes -Do’s & Dont’s

Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for…

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7th July – last date for TDS & TCS payment

7th July, 2019 is the last date for TDS and TCS payments for the deductions made in June 2019. Make sure to do the needful…

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