We would like to share that, Finance Act 2024 has inserted New Section194T, which requires Partnership Firms including LLP to Deduct TDS on Payment to Partners.
Read moreKey Highlight of Budget 2024
The Hon’ble Union Finance Minister Smt. Nirmala Sitharaman introduced the Finance Bill 2024 in Parliament on 23rd July 2024. For the Key Highlights, Click Here
Read moreComparative Analysis of Section 194Q and Section 206C(1H)
Key Features – File Validation Utility (FVU) version 5.2 wef 17-09-2016
Addition of new fields for Form 24Q-Q4 under Annexure ll (i.e. salary details) as below: Aggregate rent payment exceeds rupees one lakh during the previous year: – The above is applicable for regular as well as correction statements pertaining to FY 2016-17 onwards. – If the rent payment exceeds rupees one lakh, in such case,…
Read moree-TDS/TCS Return Preparation Utility Ver. 1.5 for Regular & Correction
New e-TDS/TCS Return preparation Utility Utility Version 1.5 is released by NSDL with effect from 13th April 2016.
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