Under section 194Q, the point of taxation for the buyer is the invoice amount that is credited to the account of the seller, or the payment that is made to the seller (whichever occurs earlier). The TDS amount must be deducted on the amount that exceeds the threshold limit. For example...
There are also some ways to save on tax on FDs. A post office FD is one way as it does not attract any TDS deduction. You can divide the amount and put the money into fixed deposits in the name of your spouse or other family members. This is to try and keep the interest income ...
Tds filed 1st-time amount wrong then again filed 2nd-time same customer but another pan he is demanding that he wanted to change the pan no 3rd time is it possible Reply SAG Infotech September 21, 2020 at 3:40 pm Yes, you can make online correction through traces Reply Saksham arya ...
Tax amount –The TDS amount that was calculated for the transaction. 备注 Clear the Mark check box for any TDS transactions that should not be settled to the TDS authority vendor. On the General tab, the PAN field shows the permanent account number (PAN...
Step 4:-Fill in the details like the amount of income paid, the Date on which the income has been paid or credited, Declarant Details, Status and various other details etc. and click on the update button. Step 5:-You can take the preview of the Form through the tab Preview Form 15H...
Check the status of all the Rejected, processed with Default, yet to be Processed returns in one-click. Mark "Done" returns as on the current date in the system. Auto-Populates Data & Minimizes Data Entry Deductor Master Create Deductor by auto-populating the deductor details through In...
return is accepted by the TIN central system. The assessee can check the status of the TIN Central System. The assessee can check the status of the TDS returns that are filed online by providing the required details, such as the PAN and the Provisional Receipt Number/ Token number on ...
If no certificate under DTAA is submitted by the depositor, then Income Tax at a rate of 30.90% will be deducted at source on interest earned in the NRO accounts/deposits irrespective of the amount of interest. Does that answer your question vishal. You can also check out comments in the...
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 complicated and hefty TDS payment procedures: ...
NRIs cannot adjust the taxable capital gains against the basic exemption limit. So if an NRI earns Rs 2.5 lakh capital gains, he will have to pay tax at applicable rates for the full amount even if he has no other income. Due to this, NRIs may have to claim tax refund if more is...