As a tenant if you are paying a rent for more than ₹50,000 a month, you are supposed to deduct TDS (tax deducted at source) of 2 percent at the time of giving money to the landlord. Before Sept 20, ...
How do I deduct TDS and submit the same for a housing property bought from an NRI? Answer: As per the provisions of Section 195 of Income Tax Act, any person who pays any sum of money which is ...
Taxpayers and deductors are advised to file correction statements promptly to ensure that tax credits are properly reflected in their Form 26AS and Annual Information Statement (AIS).
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