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How to Correct TDS Errors on Rent Payments and Handle Income Tax Notices for Incorrect Filing
Tax Deducted at Source (TDS) is a mechanism used by the government to collect taxes directly from the source of income. This system...

PRITI SIRDESHMUKH
10 hours ago10 min read
2
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Form 16B Impact on Property Sales & ITR Error Correction
Form 16B is a crucial document related to property sales in India. It serves as the TDS (Tax Deducted at Source) certificate issued by...
Simran Sahni
Jun 39 min read
12
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Capital Gains TDS Errors & Section 143(1) Notices: Impact on ITR Filing
Capital gains tax is a significant aspect of the Indian Income Tax system, where tax is levied on profits from the sale of capital assets...

Rajesh Kumar Kar
Jun 37 min read
8
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Handling TDS on Rent Payments Under Section 194I and Its Impact on Your ITR Filing
Section 194I of the Income Tax Act mandates the deduction of Tax Deducted at Source (TDS) on rent payments. It primarily affects...

Dipali Waghmode
Jun 29 min read
41
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How to File ITR Under Section 44ADA for Freelancers and Professionals and Minimize Tax Audits
Filing your Income Tax Return (ITR) under Section 44ADA offers freelancers and professionals a simplified method to declare income...

PRITI SIRDESHMUKH
Jun 29 min read
3
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TDS Rate under Section 194C for Individuals vs TDS Rate under Section 194J for Professional Services
Explore the differences between the TDS rate under Section 194C for individuals and Section 194J for professional services, with a focus...

Nimisha Panda
May 3010 min read
7
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Section 194C TDS for Contractual Payments: Reporting in Your ITR to Avoid Scrutiny Notices
Section 194C of the Income Tax Act, 1961 , plays a vital role in regulating tax compliance related to contract payments. It mandates the...

Rajesh Kumar Kar
May 2210 min read
76
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Section 194C vs Section 194H: TDS on contract work vs commission payments
TDS (Tax Deducted at Source) provisions under Section 194C and Section 194H of the Income Tax Act, 1961 are pivotal for businesses and...

Rajesh Kumar Kar
May 159 min read
25
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Is Form 16B applicable for joint property ownership?
Form 16B is an essential document in the sale of a property, particularly when multiple buyers are involved in the transaction. It...

Asharam Swain
May 58 min read
106
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194H vs 194D: Key differences
Sections 194H and 194D of the Income Tax Act, 1961 govern the Tax Deducted at Source (TDS) on commission and brokerage payments in...

Bhavika Rajput
Apr 3010 min read
66
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