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On this page, you will find all the articles and popular news which cover the information about the TDS (Tax Deducted at Source), which consists of notification given by the income tax department that where the tax needs to be deducted or which product attracts taxes.
The taxpayers expect a notification from the taxation council about the deduction rates or updates in TDS etc. thus we have all the TDS-related articles and news in one portal.
There are several articles that are kept in the library of the SAG infotech; this library will be favorable for the CA, taxpayer, and for company executives. All the articles were written by the tax professionals and CA so that no mistakes be there in the articles. The materials of news take from the income tax department.
CBDT provides that the rules that mentioned that there shall be no TDS beneath section 194-O of the income tax act are needed on e-auction services. Through several stakeholders, the board has obtained representatives who are engaged in the business that poses e-auction services via an electronic portal owned, operated, or maintained by e-auctioneer. In […]
In this article, we have listed the best TDS software in India according to the reviews and ratings by professionals. This software can reduce the tax burden of Indian CAs (Chartered Accountants) and professionals along with error-less preparation of TDS compliance. List of Top TDS Return Software for CA and Professionals As mentioned in the […]
Gen TDS is a leading TDS filing software from SAG Infotech and has been giving complete TDS filing solutions to taxpayers and companies for more than a decade. The Gen TDS is also authorized by the government department on the TDS official portal and it has ranked top TDS filing solution in the FY 2012-13 […]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench that TDS on publication charges must be deducted beneath section 194C at the 2% and not 194J at the rate of 10%. The taxpayer Perfect Probuild P. Ltd is a private limited company engaged in the business of construction. The taxpayer has done the lease agreement with […]
The Raipur bench of the Income Tax Appellate Tribunal (ITAT) has continued that the stipulations towards the tax deduction at source (TDS) are not suitable for the buying of spare parts. So as to pass the order with respect to the taxpayer the company towards the non-deduction of TDS on the payment of Rs 1,47,153 […]
There are various furnished software available for TDS return preparation. But NDSL furnished their own software which is easier to practice. You can practice the same for filing the TDS return. If the taxpayer had furnished the online enrollment on the website of income tax site then the whole process shall convert to online. The […]
Form 26QB (Challan-cum Statement) Under TDS To begin with, Form 26QB (Challan-cum Statement) has a twin-fold objective that is synonymous with the two blades of a single scissor – It is both a return as well as challan form for the deductions that have been made u/s 194 of the Income Tax Act, 1961 for […]
Curiously, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) passed a ruling for the doctor and hospitals on Tuesday that the payment that is made by the assessee hospital to the consultant doctors shall be the subject of professional payments and Tax Deducted at the source shall be applicable in the aforesaid case […]
What is TDS (Tax Deducted at Source)? The objective of levying Tax Deducted at Source is to collect the tax from the point or source where the income is generated. The tax is deducted by the payer in advance from the amount payable to the income receiver, and the same is deposited in the account […]