Daily Archives: May 2, 2020

Income Tax Rates AY 2021-22

By | May 2, 2020

Income Tax Rates AY 2021-22 TAX RATES In this part you can gain knowledge about the normal tax rates applicable to different taxpayers. For special tax rates applicable to special incomes like long term capital gains, winnings from lottery, etc. refer “Tax Rates” under “Tax Charts & Tables”. Normal tax rates for Individual & HUF:… Read More »

1% TDS on transfer of immovable property u/s 194IA Income Tax

By | May 2, 2020

Deduction of tax at source from payment on transfer of certain immovable property [AY 2021-22] 1 Provisions of Section 194-IA: (1) Any person, being a transferee, responsible for paying (other than the person referred to in section 194LA) to a resident transferor any sum by way of consideration for transfer of any immovable property (other than agricultural… Read More »

TDS Rates AY 2021-22 I Income Tax

By | May 2, 2020

TDS : Rates for tax deduction at source [For Assessment year 2021-22] Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192: Payment of salary Normal Slab Rate Section 192A: Payment of accumulated balance of provident fund which is taxable in… Read More »