TDS rules


Transactions in relation to which quoting PAN is Mandatory

The Income Tax Department prescribes a list of transactions for which quoting of Permanent Account Number PAN is mandatory These are listed in Rule 114B of the Income Tax Rules 1962 which were first inserted with effect from 1st November 1998 and have been amended from time to time The list under Ru

SMS service launched for salaried persons about their TDS deductions

FM Better tax payer services key to direct tax reforms Launches SMS Alert Service for about 2 5 crore private and Government salaried employees in order to directly inform them about the deposit of tax deducted at the end of every quarter The Union Finance Minister Shri Arun Jaitley said that better

Hosting of exemption in CA exam paper

Hosting of exemption s in a paper granted in Intermediate and Final examinations valid for November 2016 Exemption s in a paper s are granted to candidates of Intermediate and Final examinations in terms of Regulation 37C 8 and Regulation 38C 6 respectively of the Chartered Accountants Regulations 1

GST draft Rules and Formats released

GST draft Rules and Formats released Changes in the Model GST Law are being carried out separately PFA the enclosed file for more details

Income Declaration Scheme (Second Amendment) Rules, 2016

MINISTRY OF FINANCE Department of Revenue CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi the 12th August 2016 S O 2705 E In exercise of the powers conferred by sub section 1 and sub section 2 of section 199 of the Finance Act 2016 28 of 2016 the Central Board of Direct Taxes makes the followin

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Experts Opinions

Regarding applicability of tds

Dear Sir Mr A is an individual and providing consultancy services to XYZ Pvt Ltd Mr A and XYZ Pvt Ltd have taken a premises on Rent together for office Liability for payment of Rent is 1 3 respectively for Mr A XYZ Pvt Ltd But complete rent is paid by XYZ Pvt Ltd after deducting TDS XYZ Pvt Ltd pays


Sir We purchased one projector of Rs 32000 for conference facilities can i deduct TDS which rate

Tds on yoga

Dear Sir If a gym trainer teaches Yoga and other fitness training to his students in the gym and and get salary from the gym Yoga income and other fitness training income is calculated seperately for the trainer so do we have to deduct the TDS on Yoga income or it will be exempted from taxes

How to clear demand against tds overbook challan

how to clear demand against tds overbook challan Please solve my problem Vaibhav Sir

Tds and st on payment of royalty to govt dept

One of my client is paying royalty amounts as determined by the Department of Mines for use of certain natural resources Query is whether there needs to be TDS deducted and whether ST payable under RCM basis For all royalty payments tds us s 194J would be applicable even though amount paid to govern


TDS cut but not shown in 26AS.

There is a difference between the interest promised while opening a FD and the interest credited after the FD got matured The difference amount is 2288which was neither refunded to us nor it was submitted to the IT department as it is now shown in 26AS The customer is a tax payer and we had to pay t

Latest point of taxation rules

Point of Taxation was introduced in year 2011 Since then there have been numerous amendments In this post we have tried to analyse the provisions of point of taxation rules with all the changes and amendment since 2011 Point of Taxation Rules is very important as they lay down clearly when the servi

Tds on salary

Dear Team If employer pay salary 5th of next month then what is due date of tds payment As Nov salary paid by 5th Dec after tds deduction now tds payable due on 7th dec or 7th Jan

Tds return 24q

Amount against Short Deduction is deposited by employees on their PAN in stead of Companys TAN Now Please let me know waht is the process to close short deduction on behalf of company How shall it be adjusted online offline Regards

Tds on lending without interest

payment made received through saving account to friends without interest come under TDS

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File Download

  • Handbook on Revised GST Law

    Revised GST law containing Revised Model CGST SGST Law Revised IGST Law GST Compensation Cess Law GST Rules for registration payment return refund and invoices Orange colour is used for our comments on key provisions of the Revised Model GST Act and key words in respective sections are highlighted in bold
  • CA Final DT_Transfer Pricing Summary Booklet

    CA Final DT Transfer Pricing Summary Booklet covering all concept of international transactions SDT APA Safe Harbour Rules Range concept alongwith practical illustrations

    This files gives useful details of Maharashtra VAT Works Contract WCT TDS Appliacability Coverage payment Form 402 etc
  • Max rate of depreciation under IT rules reduced to 40%

    Maximum rate of depreciation as per Appendix I of IT Rules reduced to 40 from FY 2016 17 Depreciation rates of 50 60 80 and 100 abolished It will lead to more advance tax to be paid in December 2016
  • GST - Draft Rules and Formats

    GST Draft Rules and Formats

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Draft GST Rules and Forms - Key Takeaways

With enactment of 101st Constitutional Amendment Act the road to GST is clear On 26th September 2016 CBEC released draft rules and forms under GST on Registration Invoice and Payment GST Council has also approved of draft rules in its meeting held on 30th September 2016 Key takeaways of draft rules

GST Rules for E-commerce operators

We all now well aware with upcomingGSTregime at the outset we shouldget acquainted new GST rules So in todays article lets understand GST rules for E Commerce operators Model GSTprovides GST rules for E commerce operators GST Rules for E commerceoperators In Model GST Law MGL rules are prescribed fo

Registration under GST (With rules)

REGISTRATION Registration Every person who is liable to be registered under Schedule III of this Act shall apply for registration in every such State in which he is so liable within thirty days from the date on which he becomes liable to registration in such manner and subject to such conditions as

GST draft invoice rules from perspective of system controls

Dear readers the buzzword GST is humming every website news channel mobile app and newspaper Digitization and System Controls are corner stone for success of GST With recently released Draft Invoice Rules it has become essential for all in accounting systems and operations to ensure that the needed

Highlights of Draft GST Rules & Formats which got approved by the GST Council

The Government is not leaving any stone unturned to roll out the much awaited indirect tax reform from April 1 2017 In less than a week after the first meeting of the GST Council on September 22 23 2016 the Central Board of Excise and Customs CBEC on September 26 2016 has unveiled the Draft Rules an

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Updated on : 12/8/2016 12:40:24 PM


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