General Rule: Section 194A of the Income Tax Act mandates TDS deduction on interest income
NOTIONAL PROVISIONS OF HALF- YEARLY/QUARTELY INTREST [2010] 38 SOT432
Unfortunately, the case you mentioned, [2010] 38 SOT 432, does not appear to beIncome Tax
INTREST ON TIME DEPOSIT BY BANK ON DAILY/MONTHLY BASIS IN CBS SOFTWARE
When it comes to interest on time deposits calculated and parked within the CBS software,
CHIT FUND SECTION 194A
Section 194A of the Income Tax Act deals with the deduction of TaxIncome Tax Deducted
PAYMENT UNDER A HIRE PURCHASE AGREEMENT
Payments under a hire purchase agreement can have different tax implications for both the hirer
DECLARATION TO THE PAYER IN FORM NO.15G OR 15H
Form 15G and Form 15H are self-declaration forms used by individuals in India to Income
CASES WHERE TAX IS DEDUCTED AT LOWER RATES OR WHEN NO TAX IS DEDUCTED
Lower Deduction Rates: Senior Citizens: For Income Taxindividuals above 60 years of age, certain income sources like
NO TAX DEDUCTION IF INTRESTB DOES NOT EXCEED A SPECIFIED AMOUNT
Under the Income Tax Act, in many cases, no tax deduction at source (TDS) is
DEDUCTION OF TAX AT SOURCE FROM INTRESTOTHER THAN INTREST N SECURITIES [SEC.194]
Section 194 of the Income Tax Act, 1961, deals with the deduction of tax at
CASES IN WHICH TAX IS NOT DEDDUCTIBLE OR DEDUCTIBLE AT LOWER RATES
Non-deductible taxes: Personal Income Tax: The Income Tax you pay yourself is not deductible from your