Date of payment and date of deduction of tds
Web📡AS UPDATES📡 *Due Date for Payment of TCS/TDS* 🗞️7th April 2024 is last day to pay only TCS collected in the month of March 2024, TDS deducted in March… WebMar 3, 2024 · Month of deduction: Due dates of payment of TDS: Due dates for filing TDS return: 30th June: April, May, June are months of deduction: 7th of month May, …
Date of payment and date of deduction of tds
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Web3 hours ago · Dist. Intermediate Educational Office Vs Income Tax Officer (TDS) (ITAT Hyderabad) ITAT Hyderabad held that payment to contract teachers doesn’t qualify as ‘fee for professional services’ and accordingly TDS under section 194J of the Income Tax Act not deductible. Facts- The common question that arises in both these appeals is whether the ... WebApr 14, 2024 · Due Date for TDS Payment: ... Tax deductions: Tax deductions not guaranteed due to being ...
WebApr 12, 2024 · Even the CBDT has decided to impose no penalty under Section 271C of the Income Tax Act for non-deduction of TDS, and no penalty is contemplated under Section 271C for delayed remittance, payment, or deposit of the TDS. The court stated, asserting the CBDT’s Circular No. 551 dated January 23, 1998. The assessee was not required to … WebJul 5, 2012 · 05 July 2012 Date of deduction is date of invoice or date of payment, whichever is earlier. 05 July 2012 In case date of invoice is say 10th June 2012 and you …
WebJan 13, 2024 · According to section 194 IA, the property buyer need to pay the TDS deducted amount to the central government within 30 days from the last day of the month when the transaction happened. You can pay the TDS on property online by generating the 26QB Challan Online. If the property seller is NRI, then form 27Q needs to be filled. WebApr 14, 2024 · The TDS rate for dividend income is 10%. If PAN is not available with the institution at the time of making dividend payment, then TDS will be deducted at 20%. …
Web13 rows · May 5, 2024 · Month of deduction Due dates for depositing TDS (FY 2024-24)* TDS Return Due Date (FY ...
WebApr 11, 2024 · It was held that on true interpretation of Sec 271C, there shall not be any penalty leviable u/s 271C on mere delay in remittance of the TDS after deducting the same by the concerned assessee. The consequences on nonpayment/belated remittance of the TDS would be u/s 201 (1A) & 276B. Court held that as the assessee was not liable to … china havenWebJul 14, 2015 · The due date for payment of TDS is different for government and non government employees but interest rate on late tds payment is same for both. Similarly there is no difference between company and non company deductor while calculating interest. Same interest rate for all kind of payment: Nature of deduction of TDS is … graham mill wedding venueWebWhat is the modified rate of TDS on Rent of property to be deducted? For monthly rent exceeding ₹ 50,000. Applicable TDS Rate if Date of Payment/Credit to the Landlord is … china hawk definitionWebMay 20, 2015 · Date of Payment/credit of tax Date of Deduction of tax Date of Deposit of tax ... When i prepared e-TDS returns earlier, I used to enter the same way and it passed … china have nuclear weaponsWebFeb 20, 2024 · Form 16B Consists of Name and Address of Buyer, Seller, Total Amount paid, TDS deducted, challan paid details, certificate number. Form 16B should be given by the Buyer to seller within 15 days from the date of filing form 26QB 5. In Short 5.1 Points to be remembered by the Purchaser of the Property: china hawthorn leaf powder factoryWebAug 5, 2024 · Sir for salary TDS as you know it is to be deducted on payment basis. For March month Salary normally we are paying in the next month and accordingly as per … chinahbs-ip-dev.aws.baxter.com:8443/gzpWebApr 11, 2024 · Every rupee earned by an NRI in India is subject to TDS. The TDS is applicable on every payment earned or accrued. ... Details of payment of advance-tax … chinah black facebook