As per section 194N of the Act, TDS is required to be deducted when an individual withdraws a sum exceeding Rs 20 lakh in ...

TDS on EPF withdrawals is mandatory under Section 192A of the Income Tax Act, with specific rules for exemptions and ...

An Ahmedabad CBI court sentenced Suresh G Prajapati and his wife Sobhnaben to three years in prison for TDS refund fraud. The ...

Kerala High Court held that lessee is liable to deduct TDS u/s. 194-I of the Income Tax Act, however, there is a dispute for ownership of the property. Then, in such case lessee is directed to deduct ...

Updated - November 29, 2024 at 07:30 AM. | New Delhi ...

Under the Old Tax Regime for AY 2024-25, senior citizens have an exemption limit of Rs 3 lakh, while super senior citizens do ...

It was revealed that Shri Sureshbhai G. Prajapati, Income Tax Practitioner Ahmedabad had filed a number of lT Returns in the ...

The government has started the consultation process for reviewing the Income Tax Act, 1961. The review is being done to ...

Ahmedabad: A special CBI court here on Friday found two income tax practitioners, Suresh Prajapati and Shobhna Prajapati, guilty of wrongfully obtaining TDS refunds based on false or forged TDS ...

The Ministry of Finance, through Notification No. 123/2024 dated November 28, 2024, exempts specific entities from the provisions of Section 194N of the Income Tax Act, 1961. This exemption applies to ...

It was revealed that Sureshbhai G Prajapati had filed a number of lT Returns in the name of individual assessees. Several TDS ...

FICCI said the government should streamline the TDS payment structure by implementing three main rate categories: TDS on ...