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Tuesday, September 16, 2025

Tag: Income Tax

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 Policy

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 units

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 units

Section 194A- TDS on Interest (Other than Interest on Securities)

TDS to be deducted on interest payable like interest on fixed deposit, interest on unsecured loan. Interest on securities are not covered under this section…

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Section 194 – TDS on Dividend

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…

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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 Policy

Section 194G- TDS on Commission on Sale of Lottery Tickets

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…

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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 Policy

TDS Return Filing – Last Date Reminder

31st July 2021 – Due date of filing TDS Return for Quarter 1 of Financial Year 2021-2022 15th August 2021 – Due date of issuing…

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TDS / TCS Compliances for July 2021

7th July 2021 – Due  date for TDS / TCS payment for deductions / collections during June 2021 15th July 2021 – Due date of filing TDS Return for Quarter 4 of Financial…

View More TDS / TCS Compliances for July 2021

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