Dividend received by resident shareholders are now taxable as per the income tax slab rates. Sec 194 has gained prominence as TDS shall be deducted…
View More Section 194 – TDS on DividendMonth: January 2022
Section 89(1) Relief on Salary Arrears and Salary in Advance
Relief is provided under section 89(1), if salary pertaining to another period is received in advance/ or in arrears during a financial year, leading to…
View More Section 89(1) Relief on Salary Arrears and Salary in AdvanceTDS / TCS Compliances Reminder for January 2022
7th January 2022 – Due date for TDS/TCS payment for deductions/collections during December 2021 15th January 2022 – Due date of filing TCS Return for Quarter 3 of Financial Year 2021-2022…
View More TDS / TCS Compliances Reminder for January 2022New FVUs Version 7.4 & 2.170 released by NSDL – Key Features
New versions of File Validation Utilities (FVUs) for e-TDS/TCS statements are released on 5th January 2022. The key features of this FVU is summarized as…
View More New FVUs Version 7.4 & 2.170 released by NSDL – Key FeaturesSection 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 Policy