Tax deductions are made at the origin of trades in order to prevent tax sidestepping or situations that could contribute to the evasion of tax filings on rent payments, according to Income Tax Laws.
Tag Archives: TDS
Everything about TDS on Property Sale, Section 194IA
Tags: TDS
The consumer must pay several taxes, but even while purchasing goods, the customer is liable to deduct and pay taxes. Section 194IA stipulates the obligation of TDS deduction by the customer at the time of purchase of the goods.
TDS norms on sale of immovable property to be tweaked: Government Proposes!
Tags: TDS
Union Budget 2022, announced by the Finance Minister Nirmala Sitharaman in Parliament and the other Budget documents, lays out a government proposal of amending Section 194-IA of the Income Tax Act with Section 43CA and 50CA the law.
