is expected to deduct a specified percentage of tax before making the payment to the concerned party. The persons responsible to deduct TDS under the Income Tax Act are liable to deposit the TDS ...

Summary Effective July 23, 2024, buyers of immovable property from Non-Resident Indians (NRIs) must deduct TDS at a revised rate of 12.5%, inclusive of a 15% ...

The Supreme Court refused to entertain a PIL seeking to abolish the TDS framework under the Income Tax Act, stating it is ...

The Supreme Court of India declined to entertain a PIL challenging the TDS system under the Income Tax Act. Chief Justice ...

A bench comprising Chief Justice of India Sanjiv Khanna and Justice Sanjay Kumar ruled the plea as poorly drafted and advised the petitioner to approach the High Court instead.

Supreme Court rejects PIL challenging TDS system, advises petitioner to approach High Court; system deemed constitutional.

New Delhi, The Supreme Court on Friday refused to examine a PIL seeking scrapping of tax deducted at source framework under ...

Errors or omissions in your Form 26AS may happen due to several reasons, such as: Non-filing of TDS returns by the deductor, Non-payment of TDS by the deductor, Quoting of wrong AY or wrong PAN ...

ITAT Delhi remanded the matter back to the file of AO (TDS) for proper verification of quantum of External Development Charges (EDC) for demand of tax under section 201 (1) of the Income Tax Act.