Powerd By SAG INFOTECH
Notifications can be turned of anytime from browser settings
The Bombay High Court has clarified that payments made to consultant doctors do not qualify as salary if there is no fixed pay established. Consequently, these payments are subject to Tax Deduction at Source (TDS) under Section 194J of the Income Tax Act, 1961. The Appellant, which is the Revenue, has filed a challenge against […]
The business can effectively manage its taxes using payroll software, particularly when it comes to TDS (Tax Deducted at Source). The software streamlines tax calculations, manages employee salaries, and handles various deductions. Form 24Q and Form 16 are the types of paperwork that payroll software navigates, sending reminders or automating payments to ensure due dates […]
In the subject of taxes, a small error in the TDS (Tax Deducted at Source) information can lead to multiple issues. It includes delays in filing returns, receiving notices, and even penalties. Keeping TDS information appropriate cannot be easier for businesses and tax professionals. Modern TDS software solutions are there to support in determining and […]
On the Income Tax Bill, 2025, the 31-member select committee of the Lok Sabha suggested over 30 amendments in the bill, along with the definitions, clarification on various deductions, as well as reinstatement of a few provisions dropped in the bill. The report of the committee headed by BJP leader Baijayant Panda was presented in […]
A fresh circular no.9/2025 has been issued by the Central Board of Direct Taxes (CBDT), altering the earlier norms on the outcomes of Permanent Account Number (PAN) becoming inoperative under Rule 114AAA of the Income-tax Rules, 1962. The tax deductors and collectors who are facing the notices for the short deduction or collection of TDS/TCS […]
The Gujarat High Court has ruled that a Permanent Account Number (PAN) is not required to claim the benefit of a lower Tax Deducted at Source (TDS) rate under a Double Tax Avoidance Agreement (DTAA). As per the bench of Justice Bhargav D. Karia and Justice Pranav Trivedi, Section 206AA of the Income Tax Act […]
While deleting an addition of ₹1 crore made by the tax authorities on advances received by the company, the Income Tax Appellate Tribunal (ITAT), Kolkata Bench, ruled in favour of Lahoti India Ltd., stating that since the money was refunded before the parties, it cannot be considered taxable income. The taxpayer, Lahoti India Ltd, has […]
The Government of India has come up with a new digital Form 16 as part of its Digital India initiative. This is designed to make the process of filing your income tax return (ITR) easier for everyone. Employees can find the ITR filing process more accessible and easier under the government’s aim to make the […]
The Kerala High Court ruled in favour of the Amrita Institute of Medical Science and Research, directing the income tax department to resolve the appeal within three months. The case was associated with a non-disposal of appeal on the applicability of the Tax Deducted at Source (TDS) deduction to doctors engaged by the hospital. The applicant, […]
