Different Types of TDS Return Forms 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 deducte...
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...
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 ...
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...
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. However for other Deductors, filing of e-TDS return is optional...
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...