About Deduction of Tax at Source with Advance Tax and Refunds

Deduction of Tax at Source

• Deduction of Tax at Source from Salary
• How to work out the estimated salary and quantum of tax to be deducted therefrom
• Tax deduction from the accumulated balance of provident fund due to an employee
• How to compute taxable premature withdrawal of provident fund and tax to be deducted therefrom
• Deduction of tax at source from interest on securities
• How to compute interest on securities and tax-deductible therefrom at source
• Deduction of tax at source from dividend
• How to compute dividends and tax-deductible therefrom
• Deduction of tax at source from interest other than interest on securities
• How to compute interest (other than interest on securities) and tax-deductible therefrom
• Tax deduction from winnings from the lottery, crossword puzzle, card games or other games or winnings from online games
• Winnings from a lottery, crossword puzzle, card games, or other games/winnings from online games and tax to be deducted therefrom
• Tax deduction from winnings from horse race
• Winnings from horse races and tax to be deducted thereon
• Tax deduction from payments to contractors
• What constitutes a payment to contractor/sub-contractor, and how much tax is to be deducted therefrom
• Tax deduction from the insurance commission
• How to compute insurance commission and tax to be deducted therefrom
• Tax deduction from payment in respect of life insurance policy
• How to compute tax to be deducted from payment in respect of life insurance policy
• Deduction of tax at source from national savings scheme
• How to compute the amount referred to in Section 80CCA(2)(a) and tax to be deducted therefrom
• Deduction of tax at source on account of repurchase of units by mutual funds or Unit Trust of India
• How to compute the amount referred to in Section 80CCB(2) and tax to be deducted therefrom
• Deduction of tax at source from the commission on the sale of lottery tickets
• How to compute commission on the sale of lottery tickets and tax-deductible therefrom
• Tax deduction from commission or brokerage
• How to compute commission or brokerage and tax to be deducted therefrom
• Tax deduction from rent
• How to compute rent and tax to be deducted therefrom
• Deduction of tax at source from the consideration payable for acquisition of immovable property other than agricultural land in a rural area
• How to compute tax-deductible from payment of consideration for the acquisition of any immovable property
• Tax deduction from payment of rent by certain individuals and HUFs
• How to compute tax-deductible from Rent under Section 194-IB
• Tax deduction from payment under a specified agreement
• How to compute consideration which is subject to tax deduction under Section 194-
• Deduction of tax at source from fees for technical or professional services or royalty
• How to compute fees for professional and technical services and royalty and tax-deductible therefrom
• Deduction of tax at source from income in respect of units
• How to compute income in respect of units and tax-deductible therefrom
• Deduction of tax at source from payment of compensation on acquisition of immovable property
• How to compute tax-deductible from payment of compensation on acquisition of immovable property
• Deduction of tax at source from income by way of interest from infrastructure debt fund
• How to compute tax-deductible from payment of interest on infrastructure debt fund
• Deduction of tax at source from interest on units of business trust
• How to compute tax-deductible from payment of interest on units of business trust
• Deduction of tax at source from income in respect of units of investment fund/securitisation trust
• How to compute tax-deductible from income in respect of units of investment trust/securitisation trust
• Deduction of tax at source from income by way of interest from Indian company under Section 194LC
• How to compute tax-deductible from interest payable to a non-resident/foreign company
• Deduction of tax at source from interest on certain bonds and government securities under Section 194LD
• How to compute tax deduction from interest payable under Section 194LD
• Tax deduction from payment to a resident contractor, broker or professional by certain individuals and HUFs
• How to compute tax-deductible from payment/credit to a contractor, professional or broker under Section 194M
• Deduction of tax at source from cash payment to account holders under Section 194N
• How to compute tax-deductible from cash payment to account holders under Section 194N
• Deduction of tax at source from payments to e-commerce participants
• How to compute income and tax-deductible therefrom
• Deduction of tax at source from the income of a specified senior citizen
• How to compute income or specified senior citizen and tax-deductible therefrom
• Deduction of tax at source on payment for the purchase of goods
• How to compute tax to be deducted under Section 194Q
• Deduction of tax at source on benefit or perquisite in respect of business or profession
• How to compute the value of benefit or prerequisite and tax-deductible therefrom
• Deduction of tax at source from payment on transfer of virtual digital asset
• How to compute tax to be deducted under Section 194S
• Tax deduction from payments to non-residents
• How to compute the amount payable to non-residents and tax to be deducted therefrom
• Deduction of tax at source from the income of units of offshore fund
• How to compute the amount of tax deduction under Section 196B
• Deduction of tax at source from income from foreign currency bonds or shares of an Indian company
• How to compute the amount of tax deduction under Section 196C
• Deduction of tax at source from the income of foreign institutional investors from securities
• How to compute the amount of tax deduction under Section 196D

Advance Tax

• Income liable to advance tax
• Liability to advance tax – when arises
• Due dates of payments
• Computation of advance tax liability
• Interest payable by the assessee/government

Tax Collection at Source

Refund

• Refund for the excess payment
• Interest on refund