New Tax Rule: With the start of the new financial year on April 1, 2025, many rules will change. These include changes in TDS rules, which were announced by Finance Minister Nirmala Sitharaman while ...
New TDS and TCS Rules: The government had announced changes in the rules of TCS and TDS in the Union Budget. These new rules will come into effect from April 1. If you live in a rented house or are a ...
This explains why FD reporting to tax authorities and TDS on interest follow different thresholds. The key takeaway is understanding bank-wise limits prevents confusion and unnecessary ...
The Tribunal held that restricting TDS credit at the CPC stage is unsustainable when Form 26AS supports the claim. Full credit must be allowed after verification under Section 199 and Rule 37BA, ...
Life insurance policy holders may receive a communication from their insurance service providers about the tax deduction rule in effect from 1st October 2014. The new rule first announced by the ...