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.
The interest income of the user is taxable under section 194A of the Income Tax Act (ITA), 1961. Banks deduct tax on fixed deposits if the interest earned on the same exceeds INR 40,000 in a year. The TDS rate will apply once the earnings go past the threshold limit of INR 40,000...
Interest expense 91 (2) 196 (8) Depreciation, amortization and accretion expense 329 131 656 245 EBITDA (Non-GAAP)1 nbsp; 503 nbsp; 181 nbsp; 963 nbsp; (272) Add back or deduct: Expenses related to strategic alternatives review 21 — 8 — Loss on impairment of goodwill — —...
When you open a fixed deposit with bank then you are lending money to the bank and it pays you interest. Applicable interest rates will be given as on the date of receipt of the funds by the bank and is fixed for the specified duration. Interest that is earned on fixed deposits is tax...
Step 2: Determining Late Payment Interest in Excel In the second step, we will show you how you can determine the value of Late Payment Interest in Excel. Follow the steps given below to do it on your own. Firstly, select CellI5and insert the following formula. ...
Rate Calculation Calculate GST Need and Purpose of GST EVC EVC through Net-Banking How can I get EVC Tax Audit Tax Audit Due Date Tax Audit Section 44ab E-Filing ITR form ITR Form Name for Individual ITR-1 ITR-1 ITR-2 ITR-1 ITR-4 File ITR-4 GST Payment CIN Under GST GST on MRP...
An NRI is allowed to claim standard deduction of 30%, deduct property taxes and take benefit of a interest deduction if there is a home loan. The NRI is also allowed deduction for principal repayment under section 80C. Stamp duty and registration charges paid on purchase of a property can ...
Auto-Interest Calculation on Overdue Installments Basic of Manufacturing Standard Manufacturing Practicals in Tally ERP9 Cost Centres in Tally ERP9 (Departments Handling) Branch-Wise Accounts-Using Cost Centers & Godowns in Tally ERP9 Multi User Creation in Tally ERP9 Security , Password for Users ...
In this group comes the youngsters both men and women having age below 60 years. Individuals in this group have to pay more tax than the other groups. Here the tax rate is highest among all three groups. See the table below to understand the tax rate – ...
If a tenant is paying an rent of more than Rs 50,000 to his/her Indian resident landlord then TDS must be deducted. However in case a flat is being shared among multiple tenants, the applicability of TDS on house rent slightly differs. Further th...