Buyers of property from Non-Residents must deduct TDS under Section 195, with rates up to 30% for STCG and 20% for LTCG, emphasizing the importance of compliance to avoid ...
Form 26AS helps taxpayers verify TDS, taxes paid, and refunds before filing returns. Matching it with your records reduces errors and tax ...
In a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found ...
If the TDS you’ve claimed in your return is higher than what appears in Form 26AS or AIS, the system immediately flags it — ...
An income tax awareness programme on various provisions of Tax Deducted at Source (TDS) was conducted today at Aayakar Bhawan ...
The Kerala High Court held that once a bank accepts valid Form 15H declarations from senior citizen depositors under Section ...
With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These four deadlines are the ones you can't afford to miss.
The committee was headed by BJP MP Baijayant Panda, who presented the committee’s report on the Income Tax Bill 2025 in the Lok Sabha. The Income Tax Bill 2025 will replace the old Income Tax Act of ...
The landmark Income-tax Act, 2025, which replaced the six-decade-old 1961 law, promised simplicity by eliminating provisos and explanations. But according to O.P. Yadav, former Principal Commissioner ...
The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially ...
Before FY 2020–21, dividends were tax-free in the hands of investors because companies were already paying Dividend ...