Post by: Chris John in Compliance Income Tax
Section 194N: TDS on Cash Withdrawals The Union Budget of 2019 implemented various amendments to the existing sections of the Income Tax Act. As part of the changes, the Budget also included new sections, including Section 194M and Section 194N.…
Post by: Sreeram Viswanath in Government Initiatives Income Tax
Due Date for TDS Extended The Central Board of Direct Taxes (CBDT) had earlier extended the TDS filing due dates for Odisha. The move was initiated to redress the difficulties faced by the deductors on account of the severe disruption…
Post by: IndiaFilings in Income Tax
TDS Rates for Assessment Year 2018-19 In certain transactions, the person making payment is required to obtain TAN registration and deduct tax at source (TDS) while making payment. In this article, we look at transactions that require TDS deduction and…
Post by: IndiaFilings in GST
TDS under GST - Rules and Regulations As per Section 194C of the Income Tax Act, TDS under GST refers to the obligation of the contractor or owner of the project to deduct tax at source. TDS also refers to…
