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Tax deducted at source (TDS) is applicable on a variety of transactions in India, 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 ...
Below is the step-by-step procedure for creating a payment Challan-cum Statement form 26QB via Gen TDS Software. SAG Infotech provides a free trial of Gen TDS Software full version for 5 active hours. Process of How to File TDS Form 26QB by Gen TDS Software Step 1: Go to TDS Forms ...
Form 15g and 15h In case of certain payments (Eg. Interest), Deductee was permitted to declare on Form 15G / 15H for non-deduction of tax. In these cases, many were not providing PAN during the declaration. But, the newly introduced section makes such payments, if eligible for TDS, ...
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A TDS deductor on a compulsory basis is required to be registered in GST irrespective of threshold limits. Required: TDS Certificate The Registered supplier (deductor) is supposed to provide the deductee with a certificate in Form GSTR-7A within a time span of five days of crediting the amo...
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