Miscellaneous TDS provisions 194LBA: TDS on Certain Income from Units of a business trust: Payer: as per section 115UA business trust Payee: any resident or non- resident (excluding foreign company) which is unit holder Time of deduction: credit of income to payee or actual payment (cash, cheque, draft, or any …
Tax deducted at source (TDS) – Non RESIDENT TDS RATES Non- resident /foreign company/ FII/Qualified foreign investor related TDS sections: Section 195: TDS on Non-Resident Payments Any person responsible for paying to a non-resident or foreign company shall – deduct income tax thereon at the rates in force. Nature of …
Miscellaneous TDS Provisions: 193: TDS on interest on securities Securities u/s 2(28B) of income tax act, 1961 which means securities of the central or a state government and debentures/other securities issued by or on behalf of a local authority/a company/a co-operative society established by Central or State or Provincial Act. …
Tax Deducted at Source (TDS) TDS Section which applicable for all individual/HUF or any other person whether income from salary/capital gain or any other head i.e. even other than business/profession income 194IA: TDS on purchase of immovable property like plot Any person (other than Government when compensation/enhanced compensation in compulsory …
194H: TDS from Commission or Brokerage other than insurance commission Any person who pays any commission or brokerage is liable for Tds u/s 194h since commission or brokerage serves as a source of income but specially excluded insurance commission which tds deducted u/s 194d. Commission or brokerage includes any payment …
