DEDUCTION OF TDS

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7 Points Posted on 16 February 2021
Company registered u/s 8, with charity purpose has to pay amount as charity to the various individual beneficiaries. Is the company liable to deduct TDS while making payments? If so, what is the rate of TDS to be deducted?
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On 16 February 2021 at 13:55 Report
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This discussion clarifies TDS deduction requirements for organisations registered under Section 8 for charitable purposes when making payments to individual beneficiaries. It also addresses TDS implications for Non-Resident Indians (NRIs) selling property in Mumbai, detailing the applicable TDS rates based on the holding period.

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6 Points Posted on 16 February 2021
An NRI selling flat in Mumbai after 8 years. what should be the TDS
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On 16 February 2021 at 18:35
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SELF EMPLOYED
389 Points Posted on 16 February 2021
When an NRI sells property, the buyer is liable to deduct TDS @ 20%. In case the property has been sold before 2 years(reduced from the date of purchase) a TDS of 30% shall be applicable.
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On 16 February 2021 at 19:31

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