(Tax Deducted at Source) and TCS (Tax Collected at Source), often muddled, are essential indirect tax components. For an in-depth grasp of the disparities between TDS and TCS and their impacts,...
Tax Collected at Source (TCS) in GST: Overview, Rates, Exemption,
Section 206AB: Understanding Higher TDS Deductions for
Section 206AA: Understanding the Impact of Non-Availability of PAN on
Section 194S-TDS on the payment of any crypto or other virtual
Section 194Q of Income Tax Act: Applicability, TDS Rate, Example, Turnover
Recent years have seen a significant rise in e-commerce sales with more and more vendors choosing to sell their goods and services using online platforms. Consequently, these sellers must observe tax...
Section 194N – TDS on cash withdrawal in excess of Rs 1
Section 194M – TDS on payment to resident contractors and
Section 194LD of Income Tax Act – Payment of interest on bond {rupee-denominated} to FII or a QFI to a Non Resident or Foreign
Section 194LBA(1) Certain income distributed by a business trust among its unit
Section 194LB Payment of interest on infrastructure bonds to Non-Resident
Section 194LA Payment made for compensation for acquiring certain immovable
Section 194K Payment of income for units of a mutual fund, for example-
Section 194J Fees paid for professional services & technical
Section 194IC Payment that are made under Joint Development Agreement (JDA) to
Section 194IB Rent payment that is made by an individual or HUF not covered under payment
Section 194IA Payment for transfer of immovable property other than agricultural
Section-194I: Rent of land and building,furniture or plant and