Financial Year 2021-22 Archive
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Section 194Q: Applicability, non-applicability, rate, and example
on: by Parag Agarwal
Last year from 1st July 2020, the government had introduced a new TCS provision u/s 206C(1H). This section was for “seller of goods” on receipts/advance from/for sale of goods, exceeding Rs. 50 Lakhs as a consideration during the financial year. Section
FY 2021-22: TDS section, nature of payments, threshold, and applicable TDS rates
on: by Parag Agarwal
TDS Rates For FY 2021-22 has changed and will apply for the whole year (subject to any change by the government)
FY 2021-22: Challan Code, nature of receipts, and applicable TCS rates
on: by Parag Agarwal
TCS Rates For FY 2021-22 have changed and will apply for the whole year (subject to any change by the government)
FY 2021-22: Applicability of TDS/TCS Rate and Threshold
on: by Parag Agarwal
In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
AY 2022-23: Applicability of TDS/TCS Rate and Threshold
on: by Parag Agarwal
In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
FY 2021-22: Applicability of TDS/TCS Rate and Threshold from 1st April 2021
on: by Parag Agarwal
In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
These Income Tax rules will change from April 2021
on: by Parag Agarwal
In Budget 2021, FM Smt. Nirmala Sitharaman has left personal Income Tax Rates unchanged, however, it comes with some other changes in Income Tax that will help ease the compliance for taxpayers. Here are the Some Income Tax Changes From April