All posts tagged "TDS"
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92ITRIncome tax news: Can I deduct tax in the husband’s name and pay the balance amount to the wife for property purchase?
As per Section 194IA, the tax must be deducted from payments to joint property owners based on their contribution. The husband’s request...
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80ITRWhat Is Defective ITR Notice? Here’s How To Correct It Using E-Filing Portal
A tax return is deemed defective if it has incomplete or inconsistent information whether in the main return, the schedules or for...
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177ITRITR Refund Status: What to Do If Your Received Amount Is Lesser Than Expected? – Check Here
The last date to file an Income Tax Return was ended on July 31. After filing the return, taxpayers are waiting for...
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66ITRIncome tax benefits for resident vs non-resident taxpayers explained
Residents in India enjoy varying tax benefits based on age and regime, while non-residents have uniform limits. Rebates and deductions differ for...
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62MUST KNOWCBDT Eases TDS Rule In Cases Of Death Of Deductees Before Linkage Of Pan-Aadhaar
In view of the genuine difficulties being faced by the taxpayers, the CBDT issued the Circular dated 05.08.2024, and vide the same,...
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108ITRPAN-Aadhaar Linking Update: CBDT Provides Relief from Higher TDS, TCS in Case of Demise
The Central Board of Direct Taxes (CBDT), the apex body on direct taxes in India, has issued a circular saying that in...
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110ITRWhat should you do when you get an income tax notice after ITR filing?
ITR filing deadline ended on July 31, with around 7.28 crore income tax returns (ITRs) being filed. Of these crores of tax...
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54FINANCEMiddle-class upset with tax snub in Budget 2024: Nirmala Sitharaman responds
Her response was clear: the government’s approach aims at simplification and rationalization, not just for the middle class but for all taxpayers....
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95ITRIncome Tax Returns: How To Download And Use Form 16 For FY 2023-24? All You Need To Know
As the financial year 2023-24 comes to a close, salaried taxpayers must focus on completing their income tax returns. A critical document...
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71FINANCEBudget 2024: These 4 TDS changes announced by Nirmala Sitharaman will impact you
Finance minister Nirmala Sitharaman announced changes in the Tax Deducted at Source (TDS) framework which will impact salaried individuals. The tweaks will...
