Section 194C of the Income Tax Act mandates the mandatory deduction of TDS from payments made to contractors and subcontractors. Whether you are a principal or a contractor, understanding this part in ...
Income Tax laws mandate disclosing the sale of assets in India by NRIs in the ITR, even if the applicable taxes have been paid through TDS. (Image: Pixabay) When a young Mumbai-based couple bought an ...
Here's how to navigate complex TDS rules for online ads, software subscriptions and e-commerce sales
Every month, Ranjani Purohit, a women’s apparel manufacturer and seller in Jaipur, has to set aside an extra ₹50,000 just to fulfill her tax deducted at source (TDS) obligations. Purohit is liable to ...
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