However, in case of TDS on purchase of land and building (as per section 194- IA), the deductor is not required to obtain TAN and can use PAN for remitting the TDSSaral TDS Specific Why Java Runtime Environment [JRE] is required in Saral TDS? Basically, Saral TDS generates the text ...
All TDS returns, including all payment challans and certificates, must include the Tax Deduction Account Number (TAN) as required by section 203A of the Income Tax Act, 1961. Further, the Internal Revenue issues the TAN. Also, you can obtain it by filing Form 49B. 4. TDS payment requires...
Key Attributes of Form 26QB Under TDS Section 194-IA In the Income Tax Act, 1961 few key rules have been framed that are related to the purchase and sale of immovable property. In the aforesaid transactions that come within the domain of Section 194-IA, the buyer (who is also called th...
Additionally, cleaning the tank can help prevent the growth of harmful microorganisms, which can have a detrimental impact on local ecosystems if released into the environment. In the following section, we will discuss the key takeaways of the environmental benefits of regular water tank maintenance ...
Section 194G: Payments such as commission, etc., on the sale of lottery tickets 5% Section 194H: Commission or brokerage 5% Section 194-I: Rent on a) Plant and Machinery b) Land/building/furniture/fitting w.e.f 1st April 2019, tax deduction limit on rent is increased to Rs 2.4 la...
TDS on e-commerce participants 5 Lakh 1% 1% 194Q Purchase of Goods 50 Lakh 0.10% 0.10% Note: Budget 2021 has introduced new provision that if the Tax return is not filed by the deductee, then TDS to be deducted at twice the applicable rate. This will be effective 1st July 2021 ...
No, this is not to scare you into thinking that a scary notice from the ITD is on its way once you have filed your ITR. However, it is important to stay alert. You will receive anIntimation under section u/s 143(1)which will include details about your TDS deducted, Total tax paid,...
where you are able to test their product to see if it works for you. According to the company’s policy, you can return the GMSS within 30 days for a full refund of the purchase price if you are not satisfied. The return process seems very straightforward and is listed on their web...
Additionally, cleaning the tank can help prevent the growth of harmful microorganisms, which can have a detrimental impact on local ecosystems if released into the environment. In the following section, we will discuss the key takeaways of the environmental benefits of regular water tank maintenance...