Income Tax : The Finance Act, 2024 has inserted a new section, 194T, for TDS deduction by partnership firms/Limited Liability Partnerships (LLP...
Income Tax : Section 194T mandates TDS on partner payments with a strict April 30 deadline for March deductions. Missing it can lead to interes...
Income Tax : Section 194T introduces a flat 10% TDS on partner remuneration and interest, sharply reducing monthly liquidity for small firms. T...
Income Tax : Section 194T mandates 10% TDS on salary, interest, and remuneration paid to partners. Firms must now deduct tax at source once par...
Income Tax : From FY 2025–26, partnership firms must deduct 10% TDS on specified payments to partners once the ₹20,000 threshold is crossed...
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 ...
Income Tax : CBDT notifies the Income-tax (Seventh Amendment) Rules, 2025, updating Forms 26Q and 27Q to include Section 194T on payments to fi...
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.
