Understanding TDS on Sale of Property in India by NRIs as per INCOME TAX ACT 2025 Understanding TDS on Sale of Property in India by NRIs as per INCOME TAX ACT 2025 Here is the updated version of the blog post, revised to strictly align with the provisions of the Income-tax Act, 2025 and the… Read More »
1. Important information of “Request for Form 13- Resident with Mobile OTP Form 13: An application for nil deduction of Tax Deduction at source (TDS) under section 197 is required to be submit by the taxpayer.• Form 13 application can be submitted through TRACES from FY 2018-19 onwards.• DSC (Digital Signature Certificate )of Authorized person… Read More »
SECTION 197, READ WITH SECTIONS 195, 206C, OF THE INCOME-TAX ACT, 1961 – DEDUCTION OF TAX AT SOURCE – CERTIFICATE FOR DEDUCTION AT LOWER RATE – ADVISORY FOR DEDUCTORS PRESS RELEASE, DATED 1-1-2016 Advisory for Deductors 1. Deductors deduct tax at lower rate on payment/credit to deductee on production of certificate duly issued by assessing… Read More »