In Income tax Law, your residential status is divided into resident, non-resident or not ordinarily resident and based on your residential status income is taxed. If you are non-resident and make sale of property situated in India, TDS will get … [Read more...]

In this article we will discuss all concepts of TDS on royalty. What is Royalty for TDS section 194J? As per section 194J royalty have the same meaning as described in Explanation 2 to section 9(1)(vi). As per explanation 2 to section 9(1)(vi) … [Read more...]

 In this article we will discuss in detail the TDS on Interest on securities. What is interest on securities? Interest on securities is defined in section 2(28B) of Income Tax Act, 1961. It means Interest on any Government security, it may issued by … [Read more...]

In this article we will discuss all major concepts related to TDS on Rent of machinery. TDS on Rent of machinery is covered under section 194I.  As per this section if any rent is paid by a person (other than individual or HUF) for renting of any … [Read more...]

Renting of house is a contract in which owner give possession of his property to the tenant for some consideration. In this article we will discuss all concepts of TDS on House Rent. Meaning of House Rent Renting of House includes lease, sub lease, … [Read more...]

Are you planning to withdraw PF? Be aware of its taxation provisions before you withdraw it, so that you could do tax planning for that. It may also attract TDS. Find here complete information on TDS on PF withdrawal and its taxation. Provident fund … [Read more...]

Insurance is a contract between the insurance company & the insured, that on happening of certain events the insurance company will protect the insured financially (in full or in part). Insurance is usually sold by an insurance agent who is … [Read more...]

In this article you will find information on all major concepts related to TDS on Director Remuneration and its latest updates. Who is a director? As per companies Act, 2013, a director is person appointed to the Board of a company. There are minimum … [Read more...]

This is article is about TDS on commission or brokerage paid/received. All major concepts related to it are discussed in this article. What is TDS on Commission? Commission is a payment made to a commission agent or a broker for performing some … [Read more...]

Are you confused about the TDS rate on Freight and its application? This article will clear all major concepts of TDS on freight. What is TDS on Freight? The dictionary meaning of freight is the compensation paid for the transportation of goods. As … [Read more...]