Income Tax : Understand TDS on partner payments under Sections 194T, 40(b), and 28(v). Learn limits, deductions, and taxability of salaries, co...
Income Tax : Section 194T imposes TDS on partner income, leading to procedural issues, misuse of funds, and complications for taxpayers. Calls ...
Income Tax : Learn the key provisions of Section 194T regarding TDS on payments made by firms to partners, including rates, limits, and applica...
Income Tax : Learn about Section 194T introduced in Finance Bill 2024, covering TDS on payments to partners, its implications, and potential c...
Income Tax : Learn about the new Section 194T, its implications on TDS for partners' remuneration, and the interplay with Section 40(b) from th...
Income Tax : From April 1, 2025, firms must deduct 10% TDS on payments to partners exceeding Rs 20,000 annually, under new Section 194T of the ...
Discover the impact of Budget 2024 amendments: removal of indexation and new TDS on partner salaries in partnership firms. In-depth analysis and critical insights.
यूनियन बजट 2024 में प्रस्तावित इनकम टैक्स एक्ट की नई सेक्शन 194T के अंतर्गत पार्टनरशिप फर्म द्वारा पार्टनर्स को वेतन, इंटरेस्ट, आदि पर टीडीएस काटना अनिवार्य होगा।
Explore Budget 2024-25’s Section 194T, mandating 10% TDS on payments exceeding Rs. 20,000 to firm partners, effective April 2025.
जानिए भारतीय आयकर अधिनियम 1961 की धारा 194T के तहत साझेदारी फर्मों द्वारा भागीदारों को दिए गए वेतन, पारिश्रमिक, ब्याज, बोनस और कमीशन पर TDS के नए प्रावधान के बारे में।
Section 194T imposes Tax Deducted at Source on certain payments made to partners of a firm, including salary, bonus, commission, interest, or remuneration.
From April 1, 2025, firms must deduct 10% TDS on payments to partners exceeding Rs 20,000 annually, under new Section 194T of the Income-tax Act.
