Income Tax : Explore the differences between Form 16 and Form 16A, their purposes, eligibility, and significance in income tax filing. Understa...
Income Tax : Understand TDS and TCS compliance deadlines. Learn about deposit dates, return filing schedules, and issuance of certificates to a...
Income Tax : Discover the intricacies of Income Tax Returns (ITR) in India, from types of forms to required documents and compliance measures, ...
Income Tax : Know everything about Form 16 & 16A of Tax Deducted at Source Let’s discuss the importance of one of India’s most crucial ...
Income Tax : As per the Income Tax Act 1961 A person making payment to other person upon a threshold limit need to deduct tax. In case of Emplo...
Income Tax : NSDL has recently started a online facility by which deductee can verify the correctness of TDS Certificate (Form 16A) issued by t...
Income Tax : Download Automated Form-16A for the Financial Year 2011-2012 and Assessment Year 2012-2013 in excel format....
Income Tax : Income Tax Department has started processing of TDS returns for 2010-11 (u/s 200A) and earlier years (u/s 201). All 'defaults' inf...
Income Tax : Download Form 16A and form 16 (Salary Certificate as applicable for A.Y. 2011-12 F.Y. 2010-11) and onwards in Excel Format alongw...
Income Tax : Under the new scheme Form 16/16A shall not be issued manually. A deductor shall download Form No. 16/16 A from the online system. ...
Income Tax : Navigate complexities of personal income tax in India for FY 2023-2024. Learn about filing returns, responding to notices, and opt...
Income Tax : Jharkhand High Court imposes penalty on JBVNL for unjust retention of Rs 2.9 crore, orders refund of TDS. Detailed analysis of Anv...
Goods and Services Tax : Read about the Madras High Court's decision in Rangaswamy Jeevanantham vs Superintendent case, where GST liability and TDS on Sala...
Income Tax : Delhi High Court held that section 205 of the Income Tax Act puts a bar on direct demand against the assessee to the extent where ...
Income Tax : ITAT Raipur held that payment towards purchase of beer from the State Government is an exception to the applicability of section 4...
Income Tax : Total income or loss shall be computed after making adjustment for addition of income appearing in Form 26AS or Form 16A or Form 1...
Income Tax : CIRCULAR NO. 4/2013-Income Tax The deductor, issuing the Part A of Form No. 16 by downloading it from the TRACES Portal, shall, b...
Income Tax : CBDT Circular No. 01/2012 All deductors (including government deductors who deposit TDS in the Central Government Account through...
Income Tax : Notification No. 9/2010-Income Tax All sums deducted in accordance with the provisions of sections 192 to 194, section 194A, secti...
Explore the differences between Form 16 and Form 16A, their purposes, eligibility, and significance in income tax filing. Understand how these forms affect your tax returns. Understanding the distinctions between Form 16 and Form 16A is crucial for individuals navigating the complexities of income tax in India. Both forms are integral to the tax filing process, yet they serve different purposes and are applicable to different types of income. This detailed analysis will explore their definitions, components, eligibility criteria, issuance frequency, and their roles in tax compliance.
Understand TDS and TCS compliance deadlines. Learn about deposit dates, return filing schedules, and issuance of certificates to avoid penalties.
Discover the intricacies of Income Tax Returns (ITR) in India, from types of forms to required documents and compliance measures, ensuring smooth tax filing.
Navigate complexities of personal income tax in India for FY 2023-2024. Learn about filing returns, responding to notices, and optimizing your tax obligations. Get expert insights and avoid common pitfalls.
Jharkhand High Court imposes penalty on JBVNL for unjust retention of Rs 2.9 crore, orders refund of TDS. Detailed analysis of Anvil Cables Pvt Ltd vs State of Jharkhand case.
Read about the Madras High Court’s decision in Rangaswamy Jeevanantham vs Superintendent case, where GST liability and TDS on Salary deduction under section 194H were disputed, leading to an order for a statutory appeal.
Delhi High Court held that section 205 of the Income Tax Act puts a bar on direct demand against the assessee to the extent where TDS is deducted from his income. It is irrelevant whether TDS is deposited or not and whether Form No. 16A is issued or not.
ITAT Raipur held that payment towards purchase of beer from the State Government is an exception to the applicability of section 40A(3). However, brushing aside the said objection/ response filed by the assessee had rendered entire mechanism provided u/s 143(1)(a) as redundant and otiose.
Supreme Court held that as the State of Himachal Pradesh didn’t took any steps for realization of its dues, recourse to Himachal Pradesh Land Revenue Act (HPLR Act) for recovery of dues as arrears of land revenue not sustainable.
Mere submission of emails & form 16A, do not, in any way, prove that there existed any relationship of employer employee between parties
