Time limit to Deposit TDS Here’s a quick guide on TDS Payment due dates, penalties and interest payable on late payment (deposit) of TDS. Tax Deducted at Source or TDS is one of the sources of revenue of the government of India (GOI). GOI has made provisions to deduct tax while making specified payments (like Rent, Salary, Commission, …
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 Payment of Rent A quick guide on the provisions of Section 194I of Income Tax Act –TDS on rent. Section 194I of the income tax covers TDS on rent. This section imposes an obligation for deduction of TDS on persons (other than Individual&HUF) making rental payments* to resident Indians above a specified threshold …
TDS on Rent – Section 194I (Ultimate Guide 2021) Read More »
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 – …
