Section 194LBB of the Income Tax Act, 1961 has been inserted with effect from 1st June 2015 on TDS deduction on Income from Investment Funds. Time…
View More Section 194LBB – Income in respect of units of the Investment FundMonth: March 2022
Section 194F- TDS on Repurchase of Units by Mutual Fund or Unit Trust of India (UTI)
Deductor- The person(Individual/HUF) making investments in Equity Linked Savings Scheme shall make deduction as per Sec 80CCB. Deductee- UTI or respective Mutual Fund Time of…
View More Section 194F- TDS on Repurchase of Units by Mutual Fund or Unit Trust of India (UTI)Section 194K: TDS on Income from mutual fund units
The Dividend Distribution Tax paid by Companies has been abolished in the Finance Bill 2020 and dividend income shall be taxable in the hands of…
View More Section 194K: TDS on Income from mutual fund unitsSection 194EE- TDS on Payments in respect of Deposit under NSS
Deductor- Any person responsible for making payment of any amount for the amount standing in NPS covered under Sec 80CCA and accrued interest. Deductee- Person…
View More Section 194EE- TDS on Payments in respect of Deposit under NSS