Tag Archives: how to deduct tds on virtutal digital asset

How to pay and file TDS online on virtual Digital Assets I Section 194S Income Tax

By | February 27, 2023

How to How to pay and file TDS online on virtual Digital Assets / virtual currency . TDS on payment for transfer of virtual digital asset to a resident at the rate of 1% of such sum has been proposed in Finance Bill 2022. This is effective from 1st July 2022. To make a TDS… Read More »

Section 194S Income Tax for TDS on Payment on transfer of virtual digital asset.

By | July 1, 2022

Section 194S Income Tax for TDS on Payment on transfer of virtual digital asset. Section 194S Income Tax for TDS on Payment on transfer of virtual digital asset is Inserted by the Finance Act, 2022, w.e.f. 1-7-2022. Summary of  Section 194S Income Tax Section 194S of the Income Tax Act of India deals with the deduction of… Read More »