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What is the difference between form 16 and 16A

Know the difference between form 16 and 16A

Form 16 and 16A both are vary in terms of purpose, eligibility, and where they are applicable
TDS Returns and Forms

TDS returns and forms- All about Form 24Q, Form 26Q, Form 16, and Form 16A

Form 24Q, Form 26Q, Form 27A, Form 16, and Form 16A.
Interest and penalties under TDS

Interest penalties for late payment of TDS and late filing of TDS return- New Tax Route

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 is
TDS due date for payment and for return filing

Time Limit to Deposit TDS and to file TDS Return

As per Income Tax Act, 1961 every person or company making some payment of specified nature, is required to deduct TDS at specified rates. After that, the same needs to be deposited, and the return of TDS is required to be
Revised TDS rates for FY 2020-21

Know the Revised TDS rates for FY 2020-21 | AY 2021-22

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
Revised TCS rates for FY 2020-21

Know the Revised TCS rates for FY 2020-21 | AY 2021-22

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
Requirement of CS & Secretarial Auditors for Indian Banks

Requirement of Company Secretary & Secretarial Auditors for Indian Banks

Reserve Bank of India (RBI) publication dated June 11, 2020 on the basis of recommendations issued by Dr Ganguly Group Report, regarding role of Company Secretary in the Board of a Company which comes under Corporate Governance in Banks situated in
Late fees for GSTR

Late fees for GSTR- no late fees for GSTR 3B with nil tax liabilities

Late fees for GSTR 3B- During the COVID-19 pandemic, the government have given relief to small taxpayers by saying that there will be no late fees for GSTR 3B return, which has no tax liabilities and for the return with tax
Income Tax slab for AY 2021-22 | FY 2020-21

Income Tax slab for AY 2021-22 | FY 2020-21

Income Tax slab for AY 2021-22/Income Tax calculation:- In India, income is calculated on the basis of different parameters like in case of individual assessee income is calculated on the basis of his age group and for other personal income is
Income Tax slab for AY 2019-20

Income Tax slab for AY 2019-20 | FY 2018-19 -New Tax Route

Income Tax slab for AY 2019-20/Income Tax calculation:- In India, income is calculated on the basis of different parameters like in case of individual assessee income is calculated on the basis of his age group and for others persons income is