TDS on Sale of Property
Effective 1st June 2013, when you buy a property, you have to deduct TDS at the time of making payme...
TDS Statements filed for Q 1, FY 2014-15, not filed yet for Q 2, FY 2014-15
CPC (TDS) has issued a communication to all deductors who have filed TDS Statements  for Q1, FY 201...
Form 15G and Form 15H to save TDS on Interest Income
Following up from our post about what to do when bank deducts excess TDS on interest income – letâ...
When Bank Deducts Excess TDS on your Interest Income
Banks have to deduct TDS on interest income from Fixed Deposits when interest from one FD or sum of ...
How to decode Income Tax Intimation 143(1)?
If you are in receipt of Income Tax Intimation 143(1), you may be worried about what exactly it is a...
Tax Impact of investing in Kisan Vikas Patra
The BJP government has recently relaunched the famous Kisan Vikas Patra. Like before these can be pu...
Why Interest under section 234B & 234C is charged in my Income Tax Return?
At the time of return filing, when there is tax payable in your return, do you sometimes see there i...
Why pay tax when TDS is already deducted from Income?
TDS or Tax Deducted Source simply means Tax is collected on Income when this Income is paid or credi...
All about LTC Exemption
Some companies pay a LTA or a Leave Travel Allowance to their employees. Employees are allowed to cl...
Online Correction Resolution for overbooked TDS Challan
Income Tax Department has raised demand on account of Short payment of TDS challans. After checking ...