including sale of property.TDS on sale of property is applicable under Section 194-IA of the income tax law. However, buyers and sellers need not worry about TDS implications at all if the property value is up to Rs 50 lakh. On property deals involving more than Rs 50 lakh, TDS on pro...
根据第 194Q 节"它由负责向任何购买商品的驻留者支付任何金额的人为 TDS 提供。 TDS 的速率保持在非常低的 0.1%。 该税款仅要求该人员扣除 (即 -购买者) 其总销售额、总收益或他经营的业务的流动额在紧接执行商品购买前的一个财政年度内超过 10 个裁剪货币。 如果...
If it involves human intervention then tds is applicable under section 194.J Kindly refer to this recent Judgement which may be helpful. SC in BHARTI CELLULAR LTD. regarding TDS on Payment for Interconnect & Port Charges :Upgrade to CAclubindia Pro. Subscribe Now!Deepak...
under section 194I Small businesses and startups rent certain assets for their day-to-day operations.Section 194Iis applicable on any amount paid for lease, sublease, tenancy, or agreement for using the following assets : Building (inclusive of factory buildings) ...
Section 10 of Income Tax Act ITR 4 in Income Tax ITR for Pensioners Depreciation Rates as Per Income Tax Act Tax Exemptions Under the New Tax Regime Section 194C of Income Tax Act What Is Cost Inflation Index: Purpose, CII Value & Calculation Section 194J of Income Tax Act ...
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.
TDS will be reduced from any income that comes under the Income Tax Act. However, if you are an individual or a Hindu Undivided Family (HUF), then no TDS will be reduced and records will not be audited. Based on the applicable income tax slab rates, your employer will deduct Tax deduct...
I had plotted incorrect deduction under section 16 in 24Q. For offline correction, I had followed following steps 1. Requested & downloaded conso file from traces 2. Made required changes & saved the same 3. For generating fvu, had used create option & selected csi file in browse 1, in ...
under various schemes including Cashless Schemes are liable to deduct tax at source under Section 194J on all payments to Hospitals. DEFINITION OF TECHNICAL SERVICES; Explanation (2) to Section 9(1)(vii) “ Fees for Technical Services “, means any consideration ( including any lump sum ...
Field →‘Nature of Payment’:Since the purchase is not liable to TDS, choose ‘Not Applicable’. Screen:Exception Details Path:Tally main → Gateway of Tally → Display menu → Statutory Reports → TDS Return → Form 26Q → Summary of Exceptions → Exception Details ...