. Gross Salary: This includes all the income tax you receive from your employer, including:
DEDUCTION OF TAX FROM SALARIES [SEC.192]
Section 192 of the Income Tax Act deals with the deduction of tax at source
CONSEQUENCES OF DEFAULT
Financial: Penalties: The Income Tax Act imposes penalties for various defaults, including late filing of returns, underpayment of
WHEN RECIPIENT IS LOCATED IN A NOTIFIED JURISDICTIONAL AREA
Section 94A (5) of the Income Tax Act deals with additional information and documents required
WHEN RECEPIENT IS NON-FILER OF INCOME TAX RETURN [SEC.206AB]
Section 206AB of the Income Tax Act deals with the deduction of tax at source
WHEN RECIPIENT NOT FURNISH HIS /ITS PAN [SEC.206AA]
Section 206AA of the Income Tax Act deals with higher deduction of tax at source
TDS Rates for Financial Year 2023-24 (AY 2024-25)
The TDS (Tax Deducted at Source) rates for FY 2023-24 (AY 2024-25) vary depending on
TDS
DEDUCTION OR COLLECTION OF TAX AT SOURCE Scheme of Tax Deduction at Source (TDS) under
MODE OF TAXATION OF ARREARS OF RENT IN THE RENT IN THE YEAR OF RECEIPT [SEC.25A]
Section 25A of the Income Tax Act, 1961, deals with the taxation of arrears of
SPECIAL PROVISIONS WHEN UNREALISED RENT IS REALISED SUBSEQUENTLY [SEC.25A]
Section 25A of the Income Tax Act, 1961, deals with the special provisions applicable when