Taxation

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Taxation

All about TDS Liability (Section 194N) on Cash Withdraw...

All about TDS Liability (Section 194N) on Cash Withdrawals

The Union Budget 2020 presented by the Finance Minister has reduced the threshold limit for TDS to Rs. 20 lakhs for the taxpayers who have not filed the IT...

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Taxation

Understanding Meghalaya Professional Tax Registration...

Understanding Meghalaya Professional Tax Registration

Professional tax is levied on the income of individuals from salary by employer, practicing profession like CA , CS , Lawyers etc. in this article we will...

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Taxation

Here’s all you need to know about Tamil Nadu Prof...

Tamil Nadu Professional Tax Registration

Its state government levies tamil Nadu Professional Tax & the Commercial Tax Department of the state is responsible for collecting the professional tax...

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Income Tax Taxation

Govt. extends tax related compliance due dates amid cov...

Govt. extends tax related compliance due dates amid covid-19

In what has come as a massive relief for taxpayers, the government has extended key tax related compliance timelines for income tax as well as Goods and Se...

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Taxation

Understanding Madhya Pradesh Professional Tax Registrat...

Understanding Madhya Pradesh Professional Tax Registration

The professional tax is calculated according to the monthly salary slab of an individual. Such tax is charged by deducting from such person's income on a m...

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Income Tax Taxation

Collection of tax on sale of goods (FAQs)

Collection of tax on sale of goods (FAQs)

The Finance Act recently inserted sub-section (1H) in section 206 C. As per this provision, seller is required to collect tax at source from the amount obt...

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Taxation

Understanding all about Odisha Professional Tax Registr...

Understanding all about Odisha Professional Tax Registration

Professional tax is levied based on the earnings of individuals by salary, business/trade or profession such as Chartered Accountants, Lawyers etc. In this...

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Taxation

Bihar Professional Tax Registration: Here’s all y...

Bihar Professional Tax Registration: Here's all you need to know

The Bihar state government collects Bihar professional tax from the individuals earning from salary or professions (such as Chartered Accountants, lawyers...

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