Section: -194-A (TDS on Interest other than “Interest on securities”)
In the finance bill 2020 there has been widened the scope of TDS to be deducted u/s 194A for Co-operative societies & applicable from 01-04-2020...
In the finance bill 2020 there has been widened the scope of TDS to be deducted u/s 194A for Co-operative societies & applicable from 01-04-2020...
Section 206C of the income tax Act has been amended by Finance Act 2020. Section 206C deals with TCS. A new Sub Section 1G of...
A new section 271K insert by the finance bill 2020 which impose the penalty on charitable institution. Summary of section 271K of the Income Tax...
A new section 271AAD insert by the finance bill 2020 which impose the penalty for false entry, etc. in books of account. Summary of section...
Important outcomes from Press Conference dated 24th March 2020 which is as under. GST/Indirect Tax: Last date for filling GSTR-3B return which is due in...
Sub clause (e) of clause (iv) of the Explanation which describe the definition of the “work” has been amended by finance bill 2020. The new...
Section: -194-IA (TDS on Payment on transfer of certain immovable property other than agricultural land) Provision Extract from Section 194IA of the Income Tax Act...
Summary of section 194-I of Income Tax Act: – Deductor/ Payer: – Any person (Including Individual/HUF if they are liable to audit u/s 44AB) Deductee/...
Section: -194-J (TDS on Fees for professional or technical services) As per finance bill 2020, the rate of TDS on payment for the fees of...
A new section 194-K was inserted in the Finance Bill 2020 which is as under: – Section: -194-K (TDS on Income from Units) Summary: –...