Top
Begin typing your search above and press return to search.

Remit 5% TDS on Rent above Rs. 50,000: CBDT

The Central Board of Direct Taxes ( CBDT ) asked the taxpayers to remit Tax Deducted at Source (TDS) at five percent while paying House Rent above Rs. 50,000. It is mandatory for an individual or...

Remit 5% TDS on Rent above Rs. 50,000: CBDT
Taxscan Team

Revenue Loss: CBDT Chief asks Officials to ‘Maximize’ Efforts to curb Tax Evasion

Unhappy with the present revenue collections, Shri Sushil Chandra, the Chairman of the apex direct tax body, the Central Board of Direct Taxes ( CBDT ) has asked the income tax officers to "maximize"...

Revenue Loss: CBDT Chief asks Officials to ‘Maximize’ Efforts to curb Tax Evasion
Taxscan Team

CBDT issues Circular on TDS from Salaries [Read Circular]

The Central Board of Direct Taxes ( CBDT ) has issued a circular on the applicability of Tax Deduction at Source (TDS) from salaries. The Board had issued a Circular on 5th December 20 whereby the...

CBDT issues Circular on TDS from Salaries [Read Circular]
Taxscan Team

University not liable to deduct TDS on Reimbursement of Expenses for conducting Exams: Allahabad High Court [Read Judgment]

A two-judge bench of the Allahabad High Court has held that the University is not liable to deduct TDS on Reimbursement of Expenses for conducting Exams. Assessee- University conducts examinations...

University not liable to deduct TDS on Reimbursement of Expenses for conducting Exams: Allahabad High Court [Read Judgment]
Taxscan Team

Finance Charges paid to NBFCs not subject to TDS: ITAT [Read Order]

The Income Tax Appellate Tribunal ( ITAT ), Kolkata has held that the finance charges to Non-Banking Financial Companies (NBFCs) are not subject to Tax Deduction at Source ( TDS ) under the provisions...

Finance Charges paid to NBFCs not subject to TDS: ITAT [Read Order]
Taxscan Team

Addition can’t be made while deciding Rectification Application: ITAT [Read Order]

The Income Tax Appellate Tribunal (ITAT), Ranchi has held that the Assessing Officer is not empowered to make addition while considering a rectification application under section 154 of the Income Tax...

Addition can’t be made while deciding Rectification Application: ITAT [Read Order]
Taxscan Team

Payment to Amazon for Web-Hosting not ‘Royalty’, No TDS Liability: ITAT [Read Order]

The Pune bench of the Income Tax Appellate Tribunal (ITAT) has held that the payment of web hosting charges to Amazon for using its servers for providing e-services not taxable as royalty and...

Payment to Amazon for Web-Hosting not ‘Royalty’, No TDS Liability: ITAT [Read Order]
Taxscan Team

Quick Links

Know More

© 2025 Taxscan. All rights reserved.

Powered by  Blink CMS

All Rights Reserved. Copyright @2019
Powered By Hocalwire
X