TDS/TCS Rates Chart for F.Y. 2015-16
The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16 Nature of Payment Made To Residents…
View More TDS/TCS Rates Chart for F.Y. 2015-16PAN and TAN application fees revised by NSDL
W. e. f. June 1, 2015, PAN & TAN application fees have been revised as under: 1. For dispatch of PAN card in India: Rs.…
View More PAN and TAN application fees revised by NSDLProvident funds: Premature withdrawal to be subject to TDS
Provident fund withdrawals before five years of completion of service will now attract income tax ranging between 10 per cent and 34.608 per cent. A…
View More Provident funds: Premature withdrawal to be subject to TDSSection 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 Transporter9 Amendments relating to TDS and TCS proposed in Budget 2015-16: Effective from June 01, 2015
Given below are the list of changes applicable from 1st June, 2015 for TDS and TCS amendments: 1. Requirement for obtaining evidence/ particulars by employer…
View More 9 Amendments relating to TDS and TCS proposed in Budget 2015-16: Effective from June 01, 2015Deduct tax at source while purchasing property
Deduct tax at source while purchasing property else, you’ll need to pay from own pocket with interest and penalty. On receiving a notice from the…
View More Deduct tax at source while purchasing property3 Simple Steps for Tax Deductors to follow
Below are the three simple steps for Tax Deductors to follow in case of TDS and TCS: 1. Deduct Correct TDS while making payment as…
View More 3 Simple Steps for Tax Deductors to followImportant Information for Deductors regarding TDS Certificates
Below are the important information regarding TDS Certificates which deductors should take care of: Deductors who have deducted TDS and have not deposited the same…
View More Important Information for Deductors regarding TDS CertificatesIssue TDS certificates by 30th May to avoid penalties
Last date for issuance of TDS certificates for Q4 of FY: 2014-15: 1) Form 16A (Non Salary) – 30th May 2015 2) Form 16 (Salary)…
View More Issue TDS certificates by 30th May to avoid penaltiesObtaining / quoting tax deduction and collection account number (TAN) relaxed for certain notified persons – “Section 203A”
At present, any person who is required to deduct tax at source (other than under Section 194IA) is expected to obtain a TAN and quote…
View More Obtaining / quoting tax deduction and collection account number (TAN) relaxed for certain notified persons – “Section 203A”