For other types of income such as rent, interest on securities, insurance commission, dividend, etc. the TDS rates are fixed and vary between 10% and 20%.Some of them are shown in table below: Section Nature of Payment TDS Rate of Individual/HUF in percent TDS Rate for NRI 192 ...
Now, let us look at GST due dates for January 2025. Here is a comprehensive image of our January GST Due Dates Calendar or GST Compliance Calendar. It has all the GST Due dates for January 2025 so that you never miss the January GST due date!....
Failure to Deposit TDS with the Government: From the date that TDS is deducted to when government payments are made, the rate is 1.5% per month. Fees for Late Filing Under Section 234E @ Rs 200 Per Day: Form 26QB may be subject to a fine under Section 234E if it is not submitted ...
Payments for the VAT, service tax, and GST The foundation for calculating payments for the GST, service tax, and VAT Returns TDS Payment of TDS Evaluation of Legal Aspects A trained legal professional must conduct a thorough legal audit of the business to determine if there are any ongo...
GSTR 10 must be submitted three months after the cancellation or order date, whichever comes first. For example, if the cancellation date is April 1, 2022, and the cancellation order was received on April 13, 2022, the GSTR 10 must be submitted by July 13, 2022. What sets an annual ...
Below is a summary of all the notifications released for extensions of due dates in May and June ’21. Return type Tax Period Original due date Extension as per 1st May notification Recommended due date as per council meeting Actual extension as per 1st June notification GSTR 1* Apr ‘21 ...
the returns of the previous financial year but such amendments were furnished in Table 9A, Table 9B and Table 9C of FORM GSTR-1 of April to September of the current financial year or date of filing of Annual Return for the previous financial year, whichever is earlier shall be declared ...
(1) of section 54 of the CGST Act regarding time period, within which an application for refund can be filed; (ii) certification/ declaration under Rule 89(2)(l) or 89(2)(m) of CGST Rules, 2017; (iii) refund of TDS/TCS; and (iv) relevant date for the refund of tax paid ...
January 7– Due date for depositing the TDS or TCS for December 2020 and from October 2020 to December 2020 if the assessing officer has allowed you to make the quarterly payment under Section 192, 194A,194D, or 194H. January 10– It is the last date for filing for the Income Tax re...
Tax has been deducted under Section 194N. You have deferred payment or deduction of tax on ESOP. Income Threshold: The total income can exceed Rs 50 lakh. Who Cannot Use ITR-2? The ITR-2 form is not suitable for individuals whose total income for the Assessment Year (AY) 2024-25 inclu...