Post by: Bennisha in Income Tax
TDS Form 26Q - Non-Salary Deductions When a taxpayer pays taxes, the payee deducts TDS on certain occasions. Form 26Q is used to file TDS details on payments made other than salary. The form mentions the total amount that is…
Post by: Sreeram Viswanath in Compliance Income Tax
Section 193 of Income Tax Section 193 of the Income Tax Act mandates the withholding of tax at source on the interest earned from securities. In this article, we provide a brief description of Section 193 of the Income Tax…
Post by: Renu Suresh in Compliance Income Tax
Section 194IB - TDS on Rent of Property Section 194IB of the Income Tax Act is a provision which is enacted to ensure that TDS or Tax Deducted at Source is withheld on rental payments. As per the Finance Act,…