Ms Karnataka Power Transmission Corpn. Ltd. Vs ITO (OSD) (TDS) (ITAT Bangalore) FACTS – Karnataka Power Transmission Corporation Ltd. paid cash equivalent of unutilized leave…
View More Non-Deduction of TDS owing to bonafide belief by Deductor – Judgement/OrderTag: Section 192
Basic provisions relating to due date for payment of TDS
The various items of payment on which tax is to be deducted by the payer has been provided in Section 192 to 195. The tax…
View More Basic provisions relating to due date for payment of TDSBasic provisions relating to due date for payment of TDS
The various items of payment on which tax is to be deducted by the payer has been provided in Section 192 to 195. The tax…
View More Basic provisions relating to due date for payment of TDSDue Dates for January 2016
7 January 2016 – Due date for deposit of Tax deducted/collected for the month of December, 2015. However, all sum deducted/collected by an office of…
View More Due Dates for January 2016Due Dates for the month of October 2015
7 October 2015 – Due date for deposit of tax deducted/collected for the month of September, 2015 7 October 2015 – Due date for deposit of TDS…
View More Due Dates for the month of October 20159 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, 2015Requirement for obtaining evidence/ particulars by employer for TDS -Section 192
Currently, the person responsible for paying salary has to depend upon the evidence/ particulars furnished by the employee in respect of deductions, exemptions and set-off…
View More Requirement for obtaining evidence/ particulars by employer for TDS -Section 192Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015
Several amendments have been proposed in the sections dealing with the deduction of tax at source. 1. Requirement for obtaining evidence/ particulars by employer for…
View More Changes in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) in Budget 2015CBDT circular on calculation of TDS on salary for FY 2014-15
CBDT has released Circular no. 17/2014 which contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the…
View More CBDT circular on calculation of TDS on salary for FY 2014-15CPC (TDS) Advisory to deductors making TDS payment through multiple challans in a month
CPC (TDS) has issued an advisory communication to all deductors who have used multiple challans in a month for payment of TDS. In its advisory,…
View More CPC (TDS) Advisory to deductors making TDS payment through multiple challans in a month