TDS

Union budget 2019 was presented on 5th July 2019. New section 194M was introduced in the Income tax act via finance bill 2019. Read here about section 194M.

The insurance commission received by such agents is subjected to Tax Deducted at Source (TDS) as dictated under Section 194D of the Income Tax Act.

A TDS Refund arises when the taxes paid by way of TDS are greater than the actual tax payable calculated for the Financial Year.

Tax collected at source ( TCS ) is the tax payable by a seller which he collects from the buyer at the time of sale. Let us know everything about TCS .

TAN stands for Tax Deduction and Collection Account Number, but what is it for? How do you apply for a TAN? Read more to know more about the payment details and Pointers for Filling Form 49B

Under Section 194J payments towards fees for professional or technical services have TDS implications. Know more about the section 194J, its rate for deduction of tax, time of deduction, consequenc...

Form 16B is a TDS certificate issued by a buyer to a seller of house property for the TDS made. Read on to understand more of Form16B, procedure for filing, due date etc

There are certain circumstances where a taxpayer can pay lower taxes or no tax. In case the person who makes the payment has to deduct tax, then a process must be followed for lower deduction of ta...

Step by step guide to register in TRACES

How to validate the certificate u/s 197