Tag Archives: TDS

Guide to Tax Deduction at Source FY 2020-21

By | August 26, 2020

Guide to Tax Deduction at Source FY 2020-21 updated by all the amendments made by the Finance Act, 2020. – Includes: 1. The taxation and other laws (relaxation of certain provisions) ordinance, 2020 dated 31-03-2020. 2. Order dated 03-04-2020. 3. Press release dated 13.05.2020 Price Rs 2237 Click here to Buy online Hardcover : 1330 pages… Read More »

Circular no. 14/2020 CBDT Clarified when No TDS applicable on Cash withdrawal

By | July 21, 2020

Circular no. 14/2020 F. No. 370142/27/2020-TPL Government ofIndia Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Room no. 147B-II, North Block, New Delhi, dated 20th July, 2020 Subject: Clarification in relation to notification issued under clause (v) of proviso to section 194N of the Income-tax Act, 1961 (the Act) prior… Read More »

New TDS and TCS Rates from 14.05.2020 for FY 2020-21

By | May 14, 2020

New TDS and TCS Rates from 14.05.2020 for FY 2020-21 In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS) for  the following non-salaried specified payments made to residents has been reduced by 25%… Read More »