Understanding Section 194EE of the Income Tax Act -TDS on payments in respect of deposit under National Savings Scheme , Person responsible to deduct Tax,Rate of TDS,Time period and the limit applicable.
Who is the Person responsible to deduct TDS under section 194E-TDS on payments to Non Resident Sportsmen or Sports Association , Time period of deducting tax,Rate of TDS has been explained in this article.
This article discusses the TDS provisions applicable on payment in respect of Life Insurance Policy like who is responsible to deduct tax ,time period of deduction, rate etc.
In this article, we understand all about Section 194D which deals with the TDS on Insurance Commission including when such tax is or isn't to be deducted, rate of TDS, and reinsurance.
Any person, who is responsible for paying to any person any income by way of winnings from any horse race an amount exceeding Rs. 10,000 (Rs. 5,000 up to 31.5.2016) shall deduct TDS @ 30%.
In this article, we understand all about Section 194B, which deals with the TDS on Winnings from Lottery, Game Shows, and Puzzles etc. along with some practical illustrations.
In this article, we discuss all about Section 194A of the Income Tax Act 1961, which deals with the TDS on Interest (Other Than Interest on Securities), including its threshold limit, rate of TDS and recent amendments.
In this article, we discuss all about Section 194 of the Income Tax Act 1961, which deals with TDS on Payment of Dividend, including its threshold limit, rate of TDS and a tabular summary of the entire section.
In this article, we understand in details about the TDS Section 193 of the Income Tax Act, 1961 which deals with the TDS from Interest on Securities.
In this article, we understand all about TDS on Payment of Accumulated Balance Due to an Employee u/s 192A including the amount of deduction, threshold limit, rate of TDS, etc.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English