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Section 194IC

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Joint Development Agreements (JDA) and Tax Implications

Income Tax : Discover how Joint Development Agreements (JDA) impact taxability under Section 45(5A). Learn about capital gains, deductions, and...

October 27, 2023 25815 Views 1 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 50928 Views 4 comments 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 771669 Views 3 comments Print

Section 45(5A) provisions aligned with section 194-IC TDS provisions

Income Tax : Sub-section (5A) of section 45 so as to provide that the full value of consideration shall be taken as the stamp duty value of his...

February 4, 2023 4854 Views 0 comment Print

TDS on Rentals: Section 194I, Section 194IB and Section 194IC

Income Tax : Navigate TDS on Rentals with clarity on Section 194I, 194IB, and 194IC. Learn about rates, applicability, and differences between ...

December 11, 2022 13800 Views 0 comment Print


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Measures to enhance revenue collections through TDS

Income Tax : On review of the progress of TDS collections it is noted that as on 31.08.2017, an amount of Rs. 1,65,114 crore has been collected...

September 13, 2017 1584 Views 0 comment Print


Latest Posts in Section 194IC

Joint Development Agreements (JDA) and Tax Implications

October 27, 2023 25815 Views 1 comment Print

Discover how Joint Development Agreements (JDA) impact taxability under Section 45(5A). Learn about capital gains, deductions, and important details in this comprehensive guide.

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

July 25, 2023 50928 Views 4 comments Print

Updated TDS Rate Chart for FY 2023-24 (AY 2024-25). Find the latest rates for tax deduction at source for various transactions. Easy-to-understand guide.

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

February 11, 2023 771669 Views 3 comments Print

TDS Rate Chart for FY 2023-2024 (AY 2024-2025) – Get complete details on Budget 2023 Amendments, Nature of Payment & Threshold Limits. Tax Deduction at Source (TDS) now at 3 crore limit for co-operative societies.

Section 45(5A) provisions aligned with section 194-IC TDS provisions

February 4, 2023 4854 Views 0 comment Print

Sub-section (5A) of section 45 so as to provide that the full value of consideration shall be taken as the stamp duty value of his share as increased by any consideration received in cash or by a cheque or draft or by any other mode.

TDS on Rentals: Section 194I, Section 194IB and Section 194IC

December 11, 2022 13800 Views 0 comment Print

Navigate TDS on Rentals with clarity on Section 194I, 194IB, and 194IC. Learn about rates, applicability, and differences between sections. Stay compliant and informed in rental transactions.

TDS on transactions of redevelopment of societies

October 12, 2022 8166 Views 1 comment Print

Understand TDS implications on society redevelopment transactions. Explore FAQs and clarifications on TDS under Sections 194IA and 194IC, covering applicable amounts, deposit procedures, NRI considerations, and more. Stay informed to navigate TDS in society redevelopment agreements.

TDS Applicability on any Type of Development Agreement

October 8, 2022 7635 Views 1 comment Print

Understand TDS applicability in development agreements with insights into Sections 194IC and 194IA of the Income Tax Act. Explore the criteria, exceptions, and analysis for effective compliance.

TDS Rate Chart for FY 2022-23 / AY 2023-24 – Updated

June 13, 2022 553026 Views 6 comments Print

Explore the updated Income Tax TDS Rate Chart for FY 2022-23 / AY 2023-24. Comprehensive guide covering TDS rates on various incomes as per the Income-tax Act. Stay informed to ensure accurate tax deductions.

Section 194IC TDS on Payment Made Under Specified Agreement

July 6, 2021 99528 Views 3 comments Print

1) Who is responsible to deduct tax under section 194IC of Income Tax Act, 1961? Any person responsible for paying to a resident any sum by way of consideration under the specified agreement under section 45(5A) i.e. under the Joint Development Agreement, shall deduct tax at source. 2) What is meant by the Joint Development Agreement? […]

TDS on payment in Joint Development Arrangement in Real Estate

December 7, 2020 41715 Views 1 comment Print

Intricacies on TDS payment to Land Owner by Promoter in Joint Development under Section 194IC of Income Tax Act, 1961 Rate of TDS- 10%  | Threshold– Any Amount Points to Ponder ♣ There should be Joint Development Agreement (JDA) registered as mentioned U/s. 45(5A). Such agreement is termed as Specified Agreement. ♣ Applicable only in case […]