Paying Rent over Rs.50,000 pm - Deduct 5% TDS Are you an Individual*/HUF* paying rent over ₹50,000 per month? Deduct & Deposit 5% TDS (*except those liable to audit under clause (a) and (b) of section 44AB of the I.T. Act, 1961) Deposit the TDS through e-payment or at authorised bank branches! Deduct TDS @5% of the rent for year, at the time of credit/payment of rent … [Read more...] about Paying Rent over Rs.50,000 pm – Deduct 5% TDS
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CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs
CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs F.No.225/270/2017/lTA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North-Block, ITA II Division, New Delhi, dated the 30th of June, 2018 Order under Section 119 of the Income-tax Act, 1961 Vide its orders dated 31.07.17, 31.08.17, 08.12.2017 & … [Read more...] about CBDT’s order regarding linking of PAN with Aadhaar while filing of ITRs
Amendment in Eligibility Qualification, Age, Fee and Remuneration for Tax Return Preparer (TRP)
Amendment in Eligibility Qualification, Age, Fee and Remuneration for Tax Return Preparer (TRP) MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 19th January, 2018 G.S.R. 44(E).—In exercise of the powers conferred by sub-section (1) of Section 139B of the Income-tax Act, 1961 (43 of 1961), the Central Board of … [Read more...] about Amendment in Eligibility Qualification, Age, Fee and Remuneration for Tax Return Preparer (TRP)