Circular No. 13/2021, issued by the Central Board of Direct Taxes (CBDT) on June 30,
REFUND/ ADJUSTMENT OF TAX
Definition: A tax refund is a reimbursement of money paid in taxes beyond what you actually
TDS CERTIFICATE FORM NO.16B
Form 16B for Sale of Property: This form is a certificate issued by the buyer of
CLARIFICATION ON FORM NO.24Q
Unfortunately, your question about Form No. 24Q is a bit broad for me to answer
HOW TO OBTAIN REFUND
File your Income Tax Return (ITR): Ensure you file your ITR before the due date
QUATERLY STATEMENT OF TAX DEDUCTION/COLLECTION
A quarterly statement of tax deduction/collection under income tax, also known as TDS/TCS statement, is
TIME OF DEPOSIT OF TDS / TCS
Who is deducting/collecting the tax: Government office: If the tax is deducted/collected by an office of
DEDUCTIONS OF TAX ON BENEFIT /PERSQUISITE PERTAINING TO BUSINESS/PROFESSION [SEC.194R, APPLICABLE FROM JULY 1, 2022]
Section 194R of the Income Tax Act, 1961, introduced in July 2022, mandates the deduction
TDS ON PAYMENT OF CERTAIN AMOUNTS IN CASH [SEC.194N, APPLICABLE FROM SEPTEMBER 1, 2019
Section 194N of the Income Tax Act, 1961, introduced in September 2019, mandates Tax Deduction
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