The dispute concerned denial of TDS credit citing inconsistencies in reported transaction values. The ruling clarified that ...
Ideally, these forms should be submitted before the start of the financial year for which TDS is to be deducted or before the first income payment which is subject to TDS. (Image: Reuters) Question: ...
The Income Tax Appellate Tribunal Mumbai has ruled in favour of a taxpayer. The tribunal stated that the tax department must ...
One can reduce their taxes by furnishing these forms in their ITR filing. Also TDS can be claimed from the Income Tax department. From the looks of the new Forms it can be said that, claims under ...
What is Form 71 important for incorrect TDS filing? Form 71 has been initiated in the wake of several taxpayers facing the issue of their tax being deducted in the financial year in which the income ...
Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...
TDS Full Form: TDS is a term most people come across while dealing with salaries, bank interest, payments, or financial transactions. Yet, many individuals are unsure about what it truly means and how ...
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