All about TAN in Income Tax
If you are paying a salary or a commission to anyone else, you should have a TAN. Here is the…
Tag: TDS
Tax Query: Verifying self-tax remittances
I am a retired bank executive. On my annual pension income, my employer doesn’t deduct TDS, taking into account my…
Verify PAN Status to Avoid Higher TDS/TCS Rates as per IT Dept new update
The Income Tax Department has recently issued an important update addressed to deductors, emphasizing the need to verify the PAN…
Chennai employee’s tax dilemma: Can unpaid salary deducted for income tax be refunded?
I am working at a Chennai-based company. Due to some financial issues, I have not been paid three months’ salary…
Handbook on TDS Provisions under GST – by ICAI
The Institute of Chartered Accountants of India (ICAI) has published handbook on TDS provisions under GST in October, 2023.
Income Tax Notification-65/2023 dt 18.08.23
The Income-tax Rules,1962 is amended vide the Income tax (Eighteenth Amendment), Rules, 2023. They shall come into force with effect…
Extension of time limit for submission of certain TDS/ TCS statements
CBDT published a Circular no. 9/2023 dated 28.06.2023 to extend the time limit for submission of TDS/TCS statements. Circular no.…
Bihar to levy 2% TDS on supplies of raw materials by MGNREGS vendors
Payments to suppliers of raw material for works under the rural job guarantee scheme MGNREGS in Bihar will henceforth be…
Procedures, format and standards for filing an application in Form No. 15C or Form 15D
Procedure, format and standards for filing an application in Form No. 15C or Form No. 15D for grant of certificate…
No TDS liability on income received on non-technical services outsourced to foreign company
The Hon’ble Karnataka High Court in The Director of Income-Tax v. IBM India Private Limited [I.T.A NO. 218 of 2014…