Select your TDS category, tax type, and assessment year Next, go ahead and enter your TAN and address Enter contact details & amount details: surcharge, penalty Click Pay to finish. You’ll receive the challan via the email provided.
TDS (Tax Deducted at Source) is a part of tax that any person has to pay under Income Tax Act when making any payment such as salary, rent, commission etc. There is a specific payment period in which that person has to pay the TDS amount. Otherwise, a specific rate of interest will...
Demand notice – section 156: A notice under Section 156, also known as a notice of demand, would be sent out if taxpayer is required to pay any form of demand, including a fine, tax, penalty, or any other amount to the income tax department. The taxpayer has 30 days from the day ...
The TDS on fixed deposit is applicable only if the interest earned on an FD in a financial year exceeds INR 40,000. This threshold amount is INR 50,000 in the case of for senior citizens. How is TDS Calculated on Fixed Deposit (FD) Interest? TDS (Tax Deducted at Source) is calc...
Statutory compliance:At the time of processing all statutory deductions like EPF (Employee Provident Fund), TDS (Tax Deduction at Source), and ESI (Employee State Insurance) are deducted. The payroll administrator then sends the amount to the appropriate government agencies. ...
What Are The Steps to Make Online TDS Payment? Here we are showing you how to make the online TDS payment using the e-payment portal. Deductors can now easily deposit the deducted amount online at and before the due date of the payment. Follow these steps carefully and get rid of compli...
Log In: Access the official GST portal with your credentials. Create Challan: Navigate to the ‘Services’ section, select ‘Payments,’ and then ‘Create Challan.’ Select Tax Head: Choose the appropriate tax heads and input the payment amount. Choose Payment Mode: Options include Net Banking...
In case of delays in enrolment under the profession tax, or furnishing of false or inaccurate information or delays in profession tax payment, the legal entity shall be to pay the penalty under the Maharashtra Profession, Trades, Callings and Employments Act decided by the assessing officer. As...
Solved: Hi Everyone, We are required to withhold a proportion of the balance due on supplier's Bill and pay that amount directly to the tax authorities. Please
Food Spoilage:If you lose power during a freeze, the food in your refrigerator may have spoiled. If the power loss was caused by something your insurance covers, they may pay you a certain amount back (generally around $500). Make sure that you document the food that is spoiled with phot...