Section 194C Note on Deduction of Tax At Source From Payment To Contractors/Sub-Contractors Definition/Meaning Any person responsible for paying any sum to any resident for carrying out any work (including supply of labour for carrying out any work) in pursuance of a contract between the contractor. The term contractor will include a sub-contractor also. Scope […]
Facing problem in revising the TDS return; here is the procedure how to file TDS revised return Overview -Request for conso file from Traces Portal. -Download the conso file & open in utility -Update the correction in utility. -Upload on E-filing portal or at TIN-FC (TIN FACILITATION CENTER). STEP-1 Request for conso file from Traces […]
Whether provisions of Section 206AA overrides DTAA? -When it comes to deduction of TDS while remitting any payment to Non Resident the beneficial provisions of DTAA & Income Tax Act -Provisions in the DTAA clearly ovveride the provisions of the Act, to the extent the provisions are more favourable to the -As per section 206AA, […]
Article compiles TDS Rate Chart For Financial Year 2020-21 and Assessment Year 2021-22 along with Due date of Payment of TDS and mode of Payment of TDS. Article explains Section under which TDS is deductible and TDS Rate Applicable. Article Covers Change in TDS Applicable from 01.04.2020 which was proposed by Union BUdget 2020 which […]
