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Central Board of Direct Taxes (CBDT) | Limit of Rs 1 lakh per assessee till Assessment Year 2015-16 set for tax write-off

The CBDT order lays down the details of the scheme announced in the last budget which said tax demands for AY 2010-11 of up to Rs 25,000 and for AY 2011-12 to 2015-16 of up to Rs 10,000 will be withdrawn

Rajat mohanManeesh bawaNarayan jainAssessment yearCentral boardDirect taxesAndersen india partner maneesh bawaPending action responseOutstanding demandExtinguished demandIncome tax actWealth tax actGift tax actCentral board of direct taxes cbdtTax deductionTax deducted at source tds

How you should use AIS to file tax returns

Form 26AS is an annual tax statement which primarily provides details of TDS, and tax collected at source (TCS), along with the corresponding income against which such deduction has been done.

Dilip saxenaAnnual tax statementForm 26asTax filingTax deducted at source tdsAnnual information statement aisTaxpayer information summary tisStatement of financial transaction sft

aviation sector | No TDS on dividends: Income Tax department relief for aircraft leasing services firms

Analysts said the move would benefit airlines as an estimated 80-85 per cent of carriers are funded through leases

Nirmala sitharamanInternational financial services centrePrimus partnersAviation sectorIncome tax departmentTax deducted at source tds

TDS: When is TDS to be deducted from house rent payments to the landlord?

If you are paying a house rent of more than Rs 50,000 per month, then make sure to deduct TDS from such rent and deposit it in the government s account. Further you must also give your landlord a TDS certificate in time, so that he may claim it back or adjust it against his tax liability.

Maneet pal singhAvinash shekharHarish menonAmit guptaAbhishek soniIp pasricha coArchit guptaIncome tax actIncome taxMight also likeManaging directorEconomic times news appDaily market updatesLive businessTds on house rentNews about income tax

Tax Deducted at Source (TDS) | Central government plans to link tax collected at source with tax deducted at source

Taxpayer should be properly educated about the changes made in tax laws to avoid confusion, says tax advocate Narayan Jain

Narayan jainCeav anantha nageswaranTax deducted at source tdsTax collected at source tcsCentral governmentV anantha nageswaran

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