Are you filing your TDS Return on time? If yes, then it is good, but if you are not then it may lead to some serious consequences. You will have to pay Rs. 200 per day for the delay as per section 234E. So the importance of TDS return due date is … [Read more...]
How to File TDS Return Online
The online filing of TDS return has become simple & easy. You should not be an expert to file a TDS return. I have explained the process in simple and detailed manner to understand how to file TDS return. Before knowing the filing procedure, you … [Read more...]
TDS on Property: Section 194IA Guide
Have you purchased any property in the near past or are you planning to purchase it? If answer is yes, then you should be aware of provisions of TDS on property. Many persons are purchasing property and not deducting TDS thereon. Later they are … [Read more...]
Form 15G & Form15H For Fixed Deposit & Rent: 2016 online
We all invest in Fixed deposit of Banks with the hope that we will receive the high interest on it. But sometimes Banks deducts TDS from the Interest and when we enquire about the TDS, Banks ask us to file FORM 15G or FORM 15H. Have you received the … [Read more...]
Section 194I: TDS on Rent | Rates |Limit
Section 194I deals with TDS on rent paid. Whenever a person is liable to pay an amount exceeding the specified limit for rent, he will deduct TDS at specified rates under section 194I. For Example, Mr. A pays rent to Mr. B of Rs. 45,000 per month … [Read more...]
Section 194J: TDS on Professional & Technical Services
Section 194J deals with TDS on professional or technical services. Whenever a person is liable to pay an amount exceeding the specified limit for professional or technical services, he will deduct TDS at specified rates under section 194J. For … [Read more...]
Withholding Tax in India: A Tax Deduction at source
Withholding tax means the tax deducted at source by the payer of income. It is also called retention tax. In India it is called Tax Deducted at source (TDS) The term “Withholding tax” is used in United States of America (USA) for TDS. In … [Read more...]
TDS Certificate Form 16 Form 16A Format Download
Have you got your TDS certificate? or if you are an employer/deductor, have you issued the TDS certificate on time. If you are looking for information on TDS certificates, Form 16 ( salary) or Form 16A (Non Salary), then you are in right place. You … [Read more...]
TDS Rates Chart for FY 2015-16 / AY 2016-17
TDS refer to the tax deducted at source. Generally we pay tax when the income is earned or received by us. But on certain incomes, tax is deducted by the payer of income, when he pays/credit income to payee. There are certain … [Read more...]
Which is Best TDS Software ?
To make life easy and comfortable an Accountant needs best software. Accounting has completely changed in past ten years and with the introduction of IFRS, it is going to be more complex. To keep things simple we need the best resources. For … [Read more...]