Explains how Section 194Q requires buyers with large turnover to deduct TDS on purchases above ₹50 lakh. Key takeaway: The buyer becomes responsible for compliance, ensuring major transactions are ...
The Income Tax Department has released a new brochure detailing Tax Deducted at Source (TDS) payment obligations for individual taxpayers, especially those arising on account of buying of property ...
If you are claiming a House Rent Allowance (HRA) exemption in your tax returns but haven't deducted and paid the required Tax Deducted at Source (TDS) on your rent, you might receive a notice from the ...
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