Tax deduction on most income Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) will apply to almost all types of income, promoting more regular tax payments. The TDS rate for many payments will be reduced from 5% to 2%. For e-commerce operators, the TDS rate will be signi...
We have introduced a new field, Bill Amount Without TDS in bills, allowing you to view the bill amount excluding the TDS deduction and the TDS amount separately. To enable this field, go to Settings > PDF Templates > Vendor Payment > Edit > Bill Details > Check the option Bill Amount Wi...
You can use the General ledger parameters form and the Accounts payable parameters form to activate the VAT deduction for deferrals. You must select the Group by lot ID parameter in the Accounts payable parameters form. If you set the VAT offset method for deferrals parameter in...
TDS deduction on income determine even his tax liability nil even his tax liability need not get PAN due to TDS deduction required to applied PAN it confused why unnecessary it's return fill raised. 04 October 2018 chetan kadhi thanks for info 04 October 2018 Shailesh Parikh Thanks with re...
Intra-day frequent trading on exchanges will be impacted as TDS on multiple trades would mean a substantial deduction on trading income, Is the government therefore scaring off the market, basically imposing a soft ban with the unfriendliness of the rules?
»Employees have the option to view details of their yearly tax projections (TDS Advice)Employees can decide topay taxes as per new or old income tax regimesby checking their TDS advice. With the beginning of the new financial year, each employer must take care of two areas. ...
You can use the General ledger parameters form and the Accounts payable parameters form to activate the VAT deduction for deferrals. You must select the Group by lot ID parameter in the Accounts payable parameters form. If you set the VAT offset method for deferrals parameter in the General ...
ADVERTISEMENT Aadhaar free update, new credit card rules, special FDs, Rupay cards: 9 rule changes and deadlines in September 2024 After the revision, the bank will offer FD interest rates between 3% and 7.25% for tenur...
Changes have been made to the electronic file format for Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) statements. You can increase the quantity of an item on an import order line after you update the invoice re...
Scope of domestic transfer pricing restricted to only if one of the entities involved in related party transaction enjoys specified profit-linked deduction Threshold limit for audit of business entities who opt for presumptive income scheme increased from ` 1 crore to ` 2 crores. Similarly, the thr...