Due Date for E-Filing Of TDS Returns In this article we discuss about the TDS Return filing due date, penalty for late filing and various types of TDS form. TDS Statement or TDS Return is filed on quarterly basis. There are different forms prescribed for filing of the Tax Deducted at Source (TDS) statement or […]
TDS Payment Due Date and Penalties
Time limit to Deposit TDS Tax Deducted at Source or TDS is one of the source of revenue of government of India (GOI). GOI has made provisions to deduct tax while making specified payments (like Rent, Salary, Commission, Professional fees etc.) through Income Tax Act. Tax at source is required to be deducted at the time money is […]
Section 194IB – TDS on Rent of Property
TDS on Payment of Rent exceeding Rs.5000 Section 194IB talks about the provisions of Tax deducted at source (TDS) on payment of rent by an Individuals or HUF. In this blog post, we discuss about Section 194-IB of the Income Tax. Applicability of Section 194IB As per Finance Act, 2017, “TDS on Rent” under section194IB […]
TDS on Rent – Section 194I
TDS on Payment of Rent A quick guide to understand the provisions of TDS on rent What is Section 194I? Section 194I talks about the provisions of TDS levied on rent paid. The person (not being an Individual or HUF) who is responsible for paying of rent is liable to deduct tax at source. in […]
TDS Rate Chart for F.Y 2018-19
TDS Rates for F.Y. 2018-19, A.Y 2019-20 TDS Rate Chart for the financial year 2018-19 & assessment year 2019-20. Rate of TDS, Section wise, with nature of payment and threshold limit in tabular format. Section Payment Nature Threshold Limit Individial / HUF TDS Rate% Others (TDS Rate%) 192 Salaries – On Basis of Slab – […]
Income Tax Slab Rate for Individual: A.Y. 2019-20
Income Tax Slab Rate for Individual – A.Y.2019-20 Dear reader, in this post we are going to update you about the latest Income Tax slab rate for Individual. Before we start to list down income tax rate applicable for F.Y.2018-19 & A.Y.2019-20, you should know: What is Financial Year? A financial year is a 12 […]