194JRoyalty, Director Remuneration, Professional or technical service fees, Non-compete feesResidentRs. 30000 for each income in the FY (Not applicable to payment to the director).10% 194LACompensation on acquiring immovable propertyResidentRs. 250000 per FY10% ...
TDS Rate Chart for FY 2024-25 - TDS is applicable on various payments like contractor payments, salary, commission etc. Check out TDS rate chart for FY 2024-25 & AY 2025-26.
As part of a cybersecurity readiness team, in-house counsel should: identify statutory and other regulatory requirements applicable to the data that the organization collects, including those of a foreign jurisdiction in which the organization operates. identify the statutory or other regulatory notice ...
On salary income, TDS is deducted depending upon the income tax slab rates applicable to a person. 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 ...
Generally, TDS or Tax Deducted at Source is applicable on salary, interest received, commission received etc. TDS is not applicable for all types of payments or on every person, there are various tax slabs according to which TDS is deducted from the taxpayer’s salary. Now that you know ...
The same was deposited along with applicable interest. However, the amount of Interest has not been captured by TRACES and amount is reflecting as outstanding along with interest. Please guide as to how to correct this. Reply Swati June 13, 2018 at 2:38 pm Dear Sir, I have filed Q4...
TDS rates vary based on the type of income, including salaries, professional services, commissions, rent payments, and interest from investments. The applicable rate depends on the nature and total income level. Remember,The TDS Rates may be subject to change ...
The provisions of deduction of tax at source are applicable to several payments such as salary, interest, commission, brokerage, professional fees, royalty, contract payments, etc. In respect of payments to which the TDS provisions apply, the payer has to deduct tax at source on the payments...
If an income is paid outside India, the withholding tax (WHT) will be applicable. TDS and WHT are with same calculation but subjective to different groups of people. TDS in Collections & Disbursements (Commissions Postings) – Section 194D As per the Indian Income tax section 194D, the ...
TDS is applicable to certain payments— brokerage, salary, interest, professional fees, contract payments, royalty, etc. TDS certifications include Form 16, Form 16A, Form 16 B, and Form 16C. Individuals can apply for a TDS refund on the Income Tax Department website. ...