You can also correct the TDS when filing income tax returns. What are the new TDS rules in 2024? The 2024 budget was an interim budget. Interim budgets typically do not introduce major tax reforms or rules. What is the 194C TDS rate in FY 2023-24? The 194C TDS rate for FY 2023...
10,000 is leviable on an individual for the late filing of the TDS Return. TDS Not Deducting: As of the date when TDS was supposed to be deducted until TDS was deducted, you were supposed to deduct 1% per month Failure to Deposit TDS with the Government: From the date that TDS is d...
Procedure for Filing Revised TDS Return If you find any mistake in filling out the eTDS or want to make any modifications like changing the name, address, challan serial no., BSR code, challan tender date, etc., you can correct your form in simple steps. However, before going through the...
has officially extended the deadline for filing belated and revised Income Tax Returns (ITRs) for the fiscal year 2023-24 (AY 2024-25) from Dec 31, 2024, to Jan 15, 2025. This provides an additional window for taxpayers, particularly those with foreign assets or ... IBC Encouraging ...
What is TAN? TDS Certificates – Form 16, Form 16A, Tax Credit Statement or Form 26AS. Hope it helped you. If you liked it or found any mistake please let us know. The last dateto file ITR for individuals for FY 2023-24 (AY 2024-25) is31 Jul 2024. Details...
What is the last date for filing India tax returns for NRI? The last date to file returns for NRI is same as that for the resident India. For the financial year 2015-2016 is July 31st 2016. Like resident Indians an NRI can delay filing his Income Tax returns. ...
The assessee under the Income Tax Act 1961 has a due date of 2 years to utilize Form 71 in order to amend the incorrect TDS credit issue. What is the Method to Amend the Wrong TDS Filing? Starting on October 1, anyone who wants to change the year of their TDS deduction can do so...