In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.
Buying a property valued at ₹50 lakh and above? You must deduct and pay TDS before registration—keep reading. Advisory Alert: It has come to our attention that certain individuals are representing ...
It's often seen that people pay their house rent in cash. Sometimes for the convenience of the tenant, and sometimes at the landlord's own request. But if you do this, be careful, as the Income Tax ...
Tax Deducted at Source (TDS) is not only for big companies. As per India's Income Tax Act, individuals and small enterprises can also be compelled to deduct and deposit TDS on rent or contract work if ...
If you had paid TDS or TCS on time, but due to technical difficulties it was deposited late in the government account, then now you will not have to worry about paying interest. The Central Board of ...
Imagine realizing in March that you owe additional taxes—plus interest—because you missed your advance tax payments. For many salaried individuals earning extra income from fixed deposits, stocks, or ...