Local Courts Sending TDS Defaulters to Jail
Courts in India have started taking strict actions against companies that have been knowingly causing a delay or following ways to avoid to deposit the tax deducted at source (TDS) to the government.
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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.
Courts in India have started taking strict actions against companies that have been knowingly causing a delay or following ways to avoid to deposit the tax deducted at source (TDS) to the government.
Now a two-judge bench of Gujarat high court has given a judgement over the non-recovery of tax deducted at source petition over which the bench said that the tax department cannot take away the TDS from the employee in case the defaulter is the employer.
People looking to download free TDS return filing software that can easily handle online TDS and TCS filing, along with quick intimation, don’t need to look any further. The solution is Gen TDS software for FY 2024-25, available as a free trial version. This TDS return filing software is designed to file returns by the […]
If Assessee has uploaded TDS return but there occur some mistakes while furnishing the TDS statement PAN is wrongly mentioned, short deduction of TDS amount, excess utilization of any challan etc. In that case, the assessee has to do online corrections in the TDS statement on “TRACES” (TDS Reconciliation Analysis and Correction Enabling System). Steps […]
National rules have been strictly applied to all the remittances of a foreign nature which is done to a Non-Resident. There are certain slabs and amounts on which there is taxation. The person making a remittance has to deposit a Form 15CA online. In the case of Form 15CB, a certificate is required from a […]
As we all know, TDS is deducted to deposit a certain amount of your salary to the government in the form of tax. Apart from depositing tax, you are required to file a TDS Return as well. TDS Return needs to be filed with NSDL by the deductor at regular intervals. But, what if you […]
Find TDS/ TCS return due dates with the time period and last date for filing for AY 2025-26 (FY 2024-25). TDS stands for tax deduction at source while TCS stands for tax collected at source. As per the Income-tax Act, if any person makes a payment to the receiver, then TDS is required to be […]
EPF is a retirement benefits scheme in which both Employee and Employer, make a contribution to the Employee’s PF account. It is mandatory for every company with more than 20 employees to get itself registered with EPFO (Employees Provident Fund Organisation of India), so chances are quite high that almost every salaried person has faced problems […]
Form 16 is a TDS certificate, which is given by employers to employees certifying that TDS has been deducted from their salary. According to the tax rules of India, every employer must deduct a certain amount of salary as TDS at an average rate of income tax. The basic funda is if your net earnings are […]