Any income earned by a person in the form of commission, remuneration, or prize on lottery tickets (deductee) who has been selling lottery tickets (also…
View More Section 194G- TDS on Commission on Sale of Lottery TicketsMonth: November 2021
Section 194DA- TDS on maturity payment in respect of Life Insurance Policy
TDS needs to be deducted on maturity payment in respect of life insurance policy. Time of Deduction- TDS to be deducted at the time of…
View More Section 194DA- TDS on maturity payment in respect of Life Insurance PolicyTDS Under Section 194J(a) & 194J(b)
The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two sections, 194J(a) and 194J(b), effective from August…
View More TDS Under Section 194J(a) & 194J(b)Section 194B: TDS on Winnings from Lottery, Game Shows etc…
TDS shall be deducted on winnings from lottery, game shows and puzzles by the prize distributor. 1. Applicability: Winning amount needs to be more than…
View More Section 194B: TDS on Winnings from Lottery, Game Shows etc…TDSMAN – Featured in (The Economic Times, Kolkata)
Indeed, a great privilege for Team TDSMAN as our Director, Mr. Ranjan Goenka has been featured by The Economic Times, Kolkata in their news daily…
View More TDSMAN – Featured in (The Economic Times, Kolkata)Section 194C – TDS on Transporter
Section 194C of the Income Tax Act, 1961 states that any payment to a transporter is subject to a Tax Deduction at Source (TDS) at…
View More Section 194C – TDS on Transporter206AB & 206CCA Compliance Check – Quick Guide
The Income Tax Department has activated the online system to determine the ‘Specified Person’ on whom the higher rate of TDS / TCS will be…
View More 206AB & 206CCA Compliance Check – Quick GuideTDS / TCS Compliances for November 2021
7th November 2021 – Due date for TDS / TCS payment for deductions / collections during October 2021 15th November 2021 – Due date for issuance of…
View More TDS / TCS Compliances for November 2021