To begin with, Form 26QB (Challan-cum Statement) has a twin-fold objective that is synonymous with the two blades of a single scissor – It is both a return as well as challan form for the deductions that have been made u/s 194 of the Income Tax Act, 1961 for paying Tax Deducted ...
My mother as actually in the process of buying property and paid 1% tax. But govt changed it to .75% due to covid. Applied for refund but one of the documents required to submit is an undertaking from AO that there are no pending dues. Do we need to visit them personally?? Or can...
7) Click in “Tax Details” tab. In this tab you need to show the TDS deducted as well as Self assessment tax paid. Normally, The TDs deducted by Banks are automatically shown here. If not, you need to enter the details from Form 16/16A etc. Or you can get the TDS detaisl from ...
No permit was required to travel from Keylong or Kaza side to Manali via Rohtang Pass but recently even at Gramphu checkpost the “Beyond Rohtang Pass” permit is required to cross Rohtang Pass. Ever since this permit was enforced, there has been so much confusion on the application of thi...
No, you can self attest the copy of PAN, when applying for IEC code number. What is the fee for fresh Importer Exporter code Application? Application fee is Rs. 1000/- which can be paid through Demand Draft / Pay Order to apply for IEC code.(Amount may differ time to time; you may...
Regular taxpayers need to generate a PMT-06 challan to deposit payments into the cash ledger, especially when filing GSTR-3B. The challan can be generated before, after, or during the return filing process. Quarterly Taxpayers (QRMP Scheme) For QRMP taxpayers, GST must be paid using the PM...
Interest under section 234C @ 1% per month is payable if 90% of the tax is not paid before the end of the financial year Advance Tax can be paid by filing a Tax Payment Challan,ITNS 280.Challan Tax applicable:For individual Select0021 : INCOME-TAX (OTHER THAN COMPANIES) ...
interest u/s 234A,but if any tax is due then you have to pay interest under section 234B, 234C. Please pay Self Assessment Tax using Challan 280, Update the tax paid in ITR and then revise the return. As explained in our articleSelf Assessment Tax, Pay Tax using Challan 280, ...
e-TDS/TCS return has to be prepared in the data format issued by e-Filing Administrator. This is available on the Income Tax Department website and NSDL-TIN website
Step 5: Make the payment. Save a copy of the payment challan for when you’re filing the ITR for your business.What is Advance Tax Late Payment Interest?If a taxpayer fails to pay the advance tax instalment on time, they are liable to pay an interest penalty under Section 234B and ...