TDS on salary under Section 192 of income tax act
Under the income tax laws in India, employers have been tasked with the job of deducting tax from the income of the employees at the time of payment of the salary. Section 192 of … READ FULL STORY
Under the income tax laws in India, employers have been tasked with the job of deducting tax from the income of the employees at the time of payment of the salary. Section 192 of … READ FULL STORY
Purchasing property in the national capital territory of Delhi attracts stamp duty and registration charges that has to be paid to the Delhi Property and Land Registration Department. A part of this property registration … READ FULL STORY
In a move to capitalize on the huge response it has received from the move, the Punjab government has decided to extend the last day to offer rebate on stamp duty and associated charges … READ FULL STORY
Self-assessment tax (SAT) and advance tax are two ways in which taxpayers pay income tax to the government. A SAT refers to the amount a tax assessee pays after the Tax Deducted at Source … READ FULL STORY
March 15, 2023 is the last day to pay the final instalment of your advance tax. failure to do so will invite penalties under various sections of the income tax department, including Section 234C. … READ FULL STORY
Property owners in Kerala have the option to pay property tax online as well as offline. They need to physically visit the office of the respective urban local body to make the payment, on … READ FULL STORY
Real estate ownership comes at a cost. You also have to continue to pay a price for the ownership of the title, once it is attached to your name. Under the specific state laws, … READ FULL STORY
Many times, the value of an under-construction property changes between the time of signing the builder-buyer agreement and the time of sale deed registry. So, how does it affect buyers? Buyers will have … READ FULL STORY
While filing income tax returns (ITRs), it is important to know about various sections of the Income Tax (I-T) Act under which you must declare your income, expenditure, and investments. As a taxpayer, you … READ FULL STORY
As an individual earning a regular income in the form of salary, you would be required to pay professional tax. However, unlike the income tax one pays to the central government, the professional tax … READ FULL STORY
Joint owners of a property will be liable to pay equal amount of tax on the income made from house property if the registered sale deed does not clearly qualify their share in the … READ FULL STORY
If you are a salaried individual, you are required to submit investment proofs to your employer every financial year. Dealing with taxation-related matters, such as filing tax returns, can be daunting. You may also … READ FULL STORY
Cash withdrawals are discouraged by the Government of India by making it expensive through TDS cut. This is where Section 194N comes into force. See also: TDS: All you need to know about … READ FULL STORY