"AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP" "AJSH & Co LLP"    is now    "Mercurius & Associates LLP"

Tag: Rate of TDS

images
images
section 194 n tds on cash withdrawal 2

TDS on Cash Withdrawal

The government of India with an objective to discourage cash transactions and promote the digital economy, introduced Section 194N to the Income-tax Act, 1961 through the Finance Act, 2019 which comprises TDS on payment of certain amounts in cash. Section 194N proposed on 5th July 2019 and the deduction of tax under the section has

Learn More
TDS Section 194M 1

Compliances of TDS under section 194M

The Union Budget 2019 for the FY 2019-2020 presented on 5 July 2019, inter-alia, introduced section 194M of the Income Tax Act. This section mandates every Individual / HUF, who are making payment for the use of service of a contractor or a professional but not required to get their books of accounts audited, to deduct tax

Learn More
images

Ready to assist with your Queries