Section194EE TDS on Payments in respect of deposits under National Savings Scheme, etc.
As per section 194EE: The person responsible for paying to any person any amount referred to in clause (a) of...
Month: April 2020
Section 194E TDS on Payments to non-resident sportsmen or sports associations
As per section 194E: Where any income referred to in section 115BBA is payable to a non-resident sportsman (including an...
Clarification in respect of option under section 115BAC
Clarification in respect of option under section 115BAC of the Income-tax Act, 1961 Section 115BAC of the Income-tax Act, 1961...
Section194DA TDS on Payment in respect of life insurance policy
As per section 194DA: Any person responsible for paying to a resident any sum under a life insurance policy, including...
Section194D TDS on Insurance commission
As per section 194D: Any person responsible for paying to a resident any income by way of remuneration or reward,...
Section194BB TDS on Winnings from horse race
Any person, being a bookmaker or a person to whom a licence has been granted by the Government under any...
Section194B TDS on Winnings from lottery or crossword puzzle
The person responsible for paying to any person any income by way of winnings from any lottery or crossword puzzle...
All pending refund issued immediately due to Corona Virus
Due to COVID-19 Government has taken Major decision by declaring that all pending Income tax refunds upto Rs. 5 lakhs...
Section 193 TDS on Interest on securities
As per section 193 if any person who is paying interest on securities to resident person then it is required...
TCS on sale of motor vehicle-Section 206C(1F)
Every person, being a seller, who receives any amount as consideration for sale of a motor vehicle of the value...