Since the reimbursements were taxed at the withholding stage and a tax was deducted at source by the employer, you may ...

Understand why incorrect GST TDS deductions on gross value cause mismatches, notices, and compliance issues for businesses ...

This salaryman got hit with Rs 1 lakh tax penalty as he forgot to deduct and submit TDS while paying Rs 55,000 as monthly ...

Before an individual's income is being deposited to a person's account, tax is withheld at the source (TDS) from his or her salary.

Instead of filing ITRs solely for claiming TDS refund, taxpayers may be able to do it by just filling up a simple form, ...

From FY 2024-25, the capital gains taxation rules were revised for all asset classes, including mutual funds. Many NRIs who are or have been investing in mutual funds in India are confused about the ...

The TDS rate on monthly house rent above Rs 50,000 has been revised from 5 per cent to 2 per cent, effective October 1, 2024.

For freelancers, understanding TDS (Tax Deducted at Source) is crucial. When clients make payments, they often deduct 10 per ...

Relief for these Property buyers and other taxpayers who got tax demand notice due to short deduction of TDS from ...

Key points for auditors on Clause 34 of the Tax Audit Report, covering TDS/TCS compliance, statement furnishing requirements, ...

The Select Committee on the Income-Tax Bill 2025 recommended this, say officials closely involved with the legislation.