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Section 194

Latest Articles


Budget 2025: Changes in Dividend Tax Deduction Threshold to Rs. 10,000

Income Tax : Section 194 now exempts tax deduction on dividends to individuals if the total annual dividend does not exceed Rs. 10,000, effecti...

February 2, 2025 1017 Views 0 comment Print

TDS Thresholds Rationalized in Finance Bill 2025

Income Tax : Finance Bill 2025 proposes new TDS thresholds for various sections, including interest, dividends, and commissions, effective Apri...

February 2, 2025 1620 Views 0 comment Print

TDS Rate Chart for FY 2023-24 / AY 2024-25 – Updated

Income Tax : Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the latest rates for tax deduction at source for various transactions. Ea...

July 25, 2023 56307 Views 4 comments Print

Important provisions of Tax Deducted at Source

Income Tax : Gain a comprehensive understanding of Tax Deducted At Source (TDS) provisions under the Income Tax Act, 1961. Explore key sections...

July 11, 2023 8748 Views 0 comment Print

TDS Rate Chart for FY 2023-2024 (AY 2024-2025)

Income Tax : TDS Rate Chart for FY 2023-2024 (AY 2024-2025) – Get complete details on Budget 2023 Amendments, Nature of Payment & Threshold L...

February 11, 2023 838374 Views 3 comments Print


Latest News


Budget 2024: Tax on distributed income of domestic company for shares buy-back

Income Tax : Explore Budget 2024's new tax provisions on income from buy-back of shares for domestic companies. Learn how these changes impact ...

July 23, 2024 1254 Views 0 comment Print


Latest Judiciary


Interest & Late Fee Applicable for Non-Deduction of TDS on BDA Site Allotment: Karnataka HC

Income Tax : Karnataka High Court held that interest under section 201 of the Income Tax Act and late filing fee under section 234E leviable fo...

March 18, 2025 54 Views 0 comment Print

Domestic company paying DDT u/s. 115O doesn’t enter domain of DTAA: ITAT Pune

Income Tax : ITAT Pune held that the DTAA does not get triggered at all when a domestic company pays DDT u/s. 115O of the Income Tax Act. In nu...

August 16, 2024 159 Views 0 comment Print

Telecom Distributor Discounts Not Subject to TDS as Commission: Gujarat HC

Income Tax : Gujarat High Court rules in favor of Bharti Airtel Ltd, stating distributor discounts are not subject to TDS under Section 194 of ...

July 9, 2024 531 Views 0 comment Print

Service Tax Not Included in Gross Receipts for Presumptive Income (Sec. 44BBA): Kolkata ITAT

Income Tax : ITAT Kolkata rules service tax collected for rendering services does not form part of gross receipts under Sec 44BBA, benefiting C...

February 14, 2024 588 Views 0 comment Print

No Section 271(1)(c) Penalty for Stamp Authority Valuation Discrepancy: ITAT Ahmedabad

Income Tax : ITAT Ahmedabad rules accepting stamp authority valuation is not proof of incorrect sale consideration, removing penalty under Sect...

February 14, 2024 1551 Views 0 comment Print


Latest Posts in Section 194

Interest & Late Fee Applicable for Non-Deduction of TDS on BDA Site Allotment: Karnataka HC

March 18, 2025 54 Views 0 comment Print

Karnataka High Court held that interest under section 201 of the Income Tax Act and late filing fee under section 234E leviable for non-deduction of TDS from sale consideration paid to Bengaluru Development Authority [BDA] for allotment of made by BDA.

Budget 2025: Changes in Dividend Tax Deduction Threshold to Rs. 10,000

February 2, 2025 1017 Views 0 comment Print

Section 194 now exempts tax deduction on dividends to individuals if the total annual dividend does not exceed Rs. 10,000, effective April 2025.

TDS Thresholds Rationalized in Finance Bill 2025

February 2, 2025 1620 Views 0 comment Print

Finance Bill 2025 proposes new TDS thresholds for various sections, including interest, dividends, and commissions, effective April 1, 2025.

Domestic company paying DDT u/s. 115O doesn’t enter domain of DTAA: ITAT Pune

August 16, 2024 159 Views 0 comment Print

ITAT Pune held that the DTAA does not get triggered at all when a domestic company pays DDT u/s. 115O of the Income Tax Act. In nut-shell, domestic company doesn’t enter domain of DTAA at all.

Budget 2024: Tax on distributed income of domestic company for shares buy-back

July 23, 2024 1254 Views 0 comment Print

Explore Budget 2024’s new tax provisions on income from buy-back of shares for domestic companies. Learn how these changes impact shareholders and tax calculations.

Telecom Distributor Discounts Not Subject to TDS as Commission: Gujarat HC

July 9, 2024 531 Views 0 comment Print

Gujarat High Court rules in favor of Bharti Airtel Ltd, stating distributor discounts are not subject to TDS under Section 194 of the Income Tax Act. Read the full judgment here.

Service Tax Not Included in Gross Receipts for Presumptive Income (Sec. 44BBA): Kolkata ITAT

February 14, 2024 588 Views 0 comment Print

ITAT Kolkata rules service tax collected for rendering services does not form part of gross receipts under Sec 44BBA, benefiting Cathay Pacific Airways.

No Section 271(1)(c) Penalty for Stamp Authority Valuation Discrepancy: ITAT Ahmedabad

February 14, 2024 1551 Views 0 comment Print

ITAT Ahmedabad rules accepting stamp authority valuation is not proof of incorrect sale consideration, removing penalty under Section 271(1)(c) of the Income Tax Act.

Employee not liable for employer’s failure to deposit TDS on his Salary: Delhi HC

January 7, 2024 8184 Views 1 comment Print

Delhi High Court rules in favor of employee, stating the employer is responsible for TDS deposit. Petitioner exempted from tax liability. Details and analysis here.

TDS u/s. 194-IA deducted on assets sold during liquidation should be refunded to corporate debtor

December 21, 2023 3735 Views 0 comment Print

NCLT Ahmedabad held that the amount of TDS deducted under section 194-IA on assets sold during the process of liquidation should be returned (refunded) back by income tax department into the account of Corporate Debtor.

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