Know the Difference Between Form 24Q and Form 26Q
The basic difference between form 24Q and form 26Q is that Form 24Q is for salary return and Form 26Q is for non-salary return.
A New Route of Tax Knowledge
Income Tax
The basic difference between form 24Q and form 26Q is that Form 24Q is for salary return and Form 26Q is for non-salary return.
Form 16 and 16A both are vary in terms of purpose, eligibility, and where they are applicable
Form 24Q, Form 26Q, Form 27A, Form 16, and Form 16A.
In the last post on TDS, we discussed the due dates for payments of TDS and due dates for the return filing of TDS. If payment of TDS is not made in the specified time or/and return filing of TDS …
If the payment of TDS is not made in time then the same will be charged at the rate of 18% p.a. (i.e. 1.5% per month)
In the month of May 2020, Current TDS rates were revised and cut by 25%. For this, the effective dates are 14 May 2020 and it remains applicable till 31st March 2021
In the month of May 2020, Current TCS rates were revised and cut by 25%. For this, the effective dates are 14 May 2020 and it remains applicable till 31st March 2021
The taxpayer opting for concessional rates in the New Tax Regime will have to forgo certain exemptions and deductions available in the existing old tax regime.