WebFeb 3, 2024 · Sec 194K - An AMC should deduct TDS at 10% on dividend paid on equity mutual funds if the dividend amount exceeds INR 5,000. For FY 2024-20, this rate is reduced to 7.5% TDS (Tax Deducted at Source) is applicable to many taxable incomes such as salary, professional fees, interest, commission etc. WebNov 25, 2024 · Businesses get relief on TCS, TDS rules 1 min read. Updated: 26 Nov 2024, 01:13 AM IST Staff Writer Premium This relief from the 1% TDS requirement applicable under section 194-O of the Income Tax ...
Section 194I, 194IB & 194IC Under Income Tax Act
WebMay 3, 2024 · Section 194I - TDS on rent, TDS on payment of rent by certain individuals or HUF, TDS on payment made under specified agreement. Rate of tax deduction u/s 194I, 194IB & 194IC. ... Hence, TDS under section … WebFeb 3, 2024 · If the provisions of section 194D of the Income Tax Act, 1961 are applicable, the Deductor shall deduct TDS at the following rates: Particulars. Rate of TDS. Domestic Company. 10%. A Resident person other than a Domestic Company. 5%. The rate of TDS will be 20% in cases where the deductee has not quoted PAN. black bird with yellow neck
Section 194O TDS on E-commerce Operator- Analysis
WebSep 10, 2024 · The Finance Act, 2024 has inserted Section 194-O which elaborates on levying 1% Tax Deducted at Source (TDS) on Payments made to E-Commerce Participants, which will be applicable for the transactions from 1st October 2024 onward. http://www.in.kpmg.com/taxflashnews/KPMG-Flash-News-CBDT-guidelines-for-TDS-on%20e-commerce-operator-and-TCS-on-certain-payments.pdf WebSection - 194J. Fees for professional or technical services. 6 Record (s) Page [1 of 1] in 0.046 seconds. TAX INFORMATION AND SERVICES. TAX LAWS & RULES. … galaxy\u0027s edge all lightsabers