No tax to be deducted in respect of the income specified under section 10(23FBA) received by an Investment Fund [Notification No. 51/2015, dated 24.6.2015] Section 197A(1F) provides that no deduction […]
All posts by TANI AGARWAL - 6. page
Professional Tax Consultant and Article Writer
Requirement to furnish PAN for avoiding higher tax deduction not to apply to non-corporate non-residents and foreign companies subject to certain conditions [Section 206AA]
Requirement to furnish PAN for avoiding higher tax deduction not to apply to non-corporate non-residents and foreign companies subject to certain conditions [Section 206AA] Effective from: 1st June, 2016 (i) Higher rate […]
Expansion of scope of TCS under section 206C
Expansion of scope of TCS under section 206C Effective from: 1st June, 2016 (i) Expansion of scope of TCS under section 206C: Section 206C(1D) requires collection of tax at source, […]
(e) Interest on refunds [Section 244A]
(e) Interest on refunds [Section 244A] Effective from: 1st June, 2016 (i) Period for which interest on refund is payable: An assessee is entitled to interest on refund arising out […]
Advance tax payment scheme to be the same for companies and other assessees [Section 211]
Advance tax payment scheme to be the same for companies and other assessees [Section 211] Related amendment in section: 234 Effective from: 1st June, 2016 (i) Differential advance tax […]
Advance tax payment scheme to be the same for companies and other assessees [Section 211]
Advance tax payment scheme to be the same for companies and other assessees [Section 211]
Related amendment in section: 234C
Effective from: 1st June, 2016
(i) Differential advance tax payment schedule for companies and other assessees under section 211(1) [upto 31.5.2016] Continue reading
Increase in threshold limits and reduction of rates for deduction of tax at source in respect of certain payments [Chapter XVII-B]
Increase in threshold limits and reduction of rates for deduction of tax at source in respect of certain payments [Chapter XVII-B] Effective from: 1st June, 2016 (i) Requirement of deduction […]
Enabling provision for filing of self-declaration in Form 15G/15H by recipient of rental income, for non-deduction of tax at source under section 194-I [Section 197A]
Enabling provision for filing of self-declaration in Form 15G/15H by recipient of rental income, for non-deduction of tax at source under section 194-I [Section 197A] (i) Tax deductible under section […]
Deduction of tax at source under section 194LBB at ‘rates in force’ on income distributed by an Investment Fund to its non-resident unit-holders and enabling provision for obtaining certificate of nil deduction or lower deduction of tax at source under section 197
Deduction of tax at source under section 194LBB at ‘rates in force’ on income distributed by an Investment Fund to its non-resident unit-holders and enabling provision for obtaining certificate of nil deduction […]
Furnishing of statement of financial transaction [Rule 114E] [Notification No. 95/2015, dated 30-12-2015]
Furnishing of statement of financial transaction [Rule 114E] [Notification No. 95/2015, dated 30-12-2015] The statement of financial transaction required to be furnished under section 285BA(1) of the Income-tax Act, 1961 shall […]