Tag Archives: Tds Deduction

Deadline for employers to provide Form 16 is May 31

Deadline for employers to provide Form 16 is May 31
Now time has come to an employer to inform you about the taxes deducted in the previous year i.e. for the financial year 2016­17. Each

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How TDS on salary income works

How TDS on salary income works
Typically, in the month of April, being the start of the new financial year 2017-­18, salaried employees are asked by their employers to send ‘investment declaration statement’. The most

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How to handle TDS on sale of property

How to handle TDS on sale of property
The challan (Form 26QB) must be filed within 7 days from the month in which the TDS was deducted by the buyer.
Since June 2013, it has

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What if not file Statement of TDS within Prescribed Time

What if not file Statement of TDS within Prescribed Time
Charge of TDS recovered
Section 200 (1) of the income Tax Act, 1961 (‘Act’ for short) provides that any person deducting any sum in accordance with

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Sources of tax deduction can be claim while calculation of total income

Sources of tax deduction can be claim while calculation of total income
Tax deductions are the claims made to reduce your actual taxable income. It arises essentially from diverse investments and fees incurred with the

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While filing Income Tax Returns NRIs need to know these things

While filing Income Tax Returns NRIs need to know these things
Income earned by NRI from abroad is not taxable within India.Some NRIs also have an earning in their motherland country, India in the form

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