F. No. 275/25/2020-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North-Block, New Delhi 3rd April, 2020 Order…
View More COVID 2019 – CBDT extends validity of submission date of Form 15G & 15HTag: Form 15G
Extension of due date for submission of Form 15G/15H
Deductee gives Form 15G/15H to deductors for non-deduction of TDS, since deductees total income is below taxable limit. Deductors are required to upload these forms…
View More Extension of due date for submission of Form 15G/15HWhere TDS is applicable and how relief is availed
Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual…
View More Where TDS is applicable and how relief is availedExtension of due date for quarterly furnishing of 15G and 15H declaration
F.No. DGIT(S)/CPC(TDS)/DCIT/15GH /2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 10/2016 New Delhi, 31st…
View More Extension of due date for quarterly furnishing of 15G and 15H declarationNo TDS for provident fund withdrawals of up to Rs 50,000 from June 1
No tax would be deducted at source for PF withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold…
View More No TDS for provident fund withdrawals of up to Rs 50,000 from June 1Procedure for submission of declaration by person claiming receipt of certain incomes without deduction of tax in Form 15G/15H
Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 7/2016 New Delhi, 4th May, 2016 Procedure…
View More Procedure for submission of declaration by person claiming receipt of certain incomes without deduction of tax in Form 15G/15HWhere TDS is applicable and how relief is availed
Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual…
View More Where TDS is applicable and how relief is availedKey Features -File Validation Utility (FVU) version 4.9
Remark B is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards. Addition of challan (i.e. C9 correction) in correction statements: …
View More Key Features -File Validation Utility (FVU) version 4.9Putting TDS provisions for recurring deposits to work
TDS on recurring deposits makes investors either submit the exemption forms if there is no taxable income. In case of TDS on RD, they may…
View More Putting TDS provisions for recurring deposits to workTax implications of fixed deposits
If you are in the higher tax bracket, that is 20% or 30%, make sure that you pay the additional interest before filing your tax…
View More Tax implications of fixed deposits