TDS is most discussed chapter of the Income Tax act and it is most viewed section on my blog after PAN verification and HRA calculator .As per the department publication 30% of the total tax calculation is coming through TDS(tax deducted at source) so department is very particular about the compliance on the TDS provisions .But most of the people does not have a source where they can know provisions of the tax i.e up to date and also from a authenticated publisher .But i have able to found a book on this subject which is of Two parts and contains all the provisions about the TDS and rates are also being given in a table manner.These are free and can be downloaded from TAX club India ,single time registration required ,or registered user have to login to download the book.These books have following material covered under following Head.
| 193 | Interest on securities |
| 194 | Dividends |
| 194A | Interest other than “Interest on securities” |
| 194B | Winnings from lottery or crossword puzzle |
| 194BB | Winnings from horse race |
| 194C | Payments to contractors and sub-contractors |
| 194D | Insurance commission |
| 194E | Payments to non-resident sportsmen or sports associations |
| 194EE | Payments in respect of deposits under National Savings Scheme, etc. |
| 194F | Payments on account of repurchase of units by Mutual Fund or Unit Trust of India |
| 194G | Commission, etc., on the sale of lottery tickets |
| 194H | Commission or brokerage |
| 194I | Rent |
| 194J | Fees for professional or technical services |
| 194K | Income in respect of units |
| 194L | Payment of compensation on acquisition of capital asset |
| 194LA | Payment of compensation on acquisition of certain immovable property |
| 195 | Other sums |
| 195A | Income payable “net of tax” |
| 196 | Interest or dividend or other sums payable to Government, Reserve Bank or certain corporations |
| 196A | Income in respect of units of non-residents |
| 196B | Income from units |
| 196C | Income from foreign currency bonds or shares of Indian company |
| 196D | Income of Foreign Institutional Investors from securities |
| 197 | Certificate for deduction at lower rate |
| 197A | No deduction to be made in certain cases |
| 198 | Tax deducted is income received |
| 199 | Credit for tax deducted |
| 200 | Duty of person deducting tax |
| 201 | Consequences of failure to deduct or pay |
| 202 | Deduction only one mode of recovery |
| 203 | Certificate for tax deducted |
| 203A | Tax deduction and collection account number |
| 203AA | Furnishing of statement of tax deducted |
| 204 | Meaning of “person responsible for paying” |
| 205 | Bar against direct demand on assessee |
| 206 | Persons deducting tax to furnish prescribed returns |
| 206A | Furnishing of quarterly return in respect of payment of interest to residents without deduction of tax |
| 206C | Profits and gains from the business of trading in alcoholic liquor, forest produce, scrap, etc. |
| 206CA | Tax collection account number |
These books are written in simple language and section,notifications,case laws,circulars has been quoted where ever necessary but wording of the book is through out simple and easy to understand for common peoples.so go & get it now.You can ask question if it is not covered in the book or if there is any doubt ,we can discuss it over the blog or tax club India site.
related links
- TDS rates & chart 07-08-09
- TDS Challan 281 how to fill?
- TCS rates & provisions
- Free e-TDS/TCS return software with updated FVU
- Inconsistencies In ETDS return
- Due dates for Etds Return
- Person coverd under Etds return
- Nil return mandatory?
- employee working for part of year ,how to file etds return
- Tds on travel agent payment
- Tds on service tax on rent not applicable section 194I
- etds return wrong name but correct pan
- Tds provisions in brief(PPT)
- Non filing of etds return
- FAQ (etds/etcs statement)
- Minimum pan % in etds return
- Insufficient pan ,how to fill etds return
- Register for form26AS
- Download form 16/16A
- Correction in etds return
- 24Q annexure II ,how to fill
- Wrong pan on challan what to do
- FAQ on TAN
- Tds on Service tax u/s 194J
- Dis allowance of exp. due to non deposit of TDS
- Tds on taxi charges
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