The deductor is responsible for deducting the TDS from the income of the deductee and filing the TDS Return form for it. Different types of TDS Return Forms are wavailable for different deductions, depending on the nature of income and the kind of deductee on behalf of whom TDS is paid....
206AB TDS on non-filers of Income tax return NA Rate higher of: 5% Twice the mentioned rate in provision Rate in force *Applicable TDS rate for EPF withdrawals without a PAN number is now 20%, from the previous 30% ** Essentially means there is no limit *** From FY 2023-24, inte...
Sir, I have received demand due to short deduction because had given the 80G deduction 100% instead of 50% now I calculated the liability and paid also revise my 24 Q4 return then also I got demand pl help Reply SAG Infotech November 11, 2020 at 12:51 pm PLEASE CONTACT TO TRACES ...
GST Advisory for Handling Invoices on IMS for FY 2023-24 RJA 24 Oct, 2024 GST Advisory for Handling Invoices on IMS for FY 2023-24 GST Dept. Recommendation: Avoid rejecting any invoices from FY 2023-24 on the Invoice Management System in October 2024, as this is the last month for ...
e-TDSreturn is a TDS return prepared in form No.24Q, 26Q, 27EQ or 27Q in electronic media as per prescribed data structure. As per Section 206 of Income Tax Act all corporate and government Deductors are compulsorily required to file their TDS return on electronic media i.e. e-TDS....
In Income Tax Return Form in the Residential Status one needs to select NRI as shown in image below(highlighted by box). NRI in ITR 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 fin...
Since it was not reflecting in my 26AS, I did not claim the TDS amount in my return. However, I did account for the income. Can I still file Form 71. If not, what is the solution. Reply Naveli Pahade January 17, 2024 at 7:38 pm I have shown turnover of 50lakhs in FY 20-...