Tag: TDS
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Independence Day Special: Freedom From Tax Terrorism Need Of An Hour
Most of the people falsely claims that earlier there were complaints and terms like "tax terrorism" which were common. Today, however, the country is...
TDS Collected From Deceased Accident Victim: Andhra Pradesh High Court Grants Liberty To Insurance Company To Object Income
The Andhra Pradesh High Court granted liberty to the insurance company to object the income. The bench noted that as the scope of the appeal...
Amendment To Finance Bill 2024: Employer To Consider Entire Amount Of The TDS/TCS While Computing Taxes On Salary Income
The Finance (No. 2) Bill, 2024 was presented by the Hon’ble Finance Minister Nirmala Sitharaman on 23 July 20241. While moving the Bill...
New TDS Section 194T: 10% TDS Applicable On TDS On Salary, Remuneration, Interest, Bonus Or Commission Of Partners
As of right now, the partnership business is not allowed to deduct tax at source (TDS) from the salary, compensation, interest, bonus, or commission...