DPT – 3 Return
Form DPT 3 is a Form that companies must file to furnish information about deposits and/or outstanding receipt of loans or money other than deposits. Form DPT-3 should be filed within 30 days of the date Form DPT-2 was filed.
Details On TDS Penalty And Interest For Late Payment
The TDS (Tax Deducted at Source) penalty for late filing of TDS Return is a fine of Rs. 200 per day under Section 234E. Tax Deducted at Source also known as TDS was introduced with the aim of collecting tax from the very source of income. According to the concept of tax deducted […]
What is TDS? Steps to file TDS Return online
TDS: What is it?
TDS is short for “Tax Deducted at Source”. As the name suggests, TDS has been introduced to collect tax at the source from which an individual’s income is generated. The provision of TDS was introduced to put a curb to tax evasion measures being taken by fraudulent individuals. This […]
How to file TDS on sale of property?
Under Section 194IA, every buyer transferring to a seller any sum by way of consideration for transfer of any immovable property (other than agricultural land) must deduct 1% of such consideration at the time of payment, irrespective of the mode of payment, but no TDS Return (Tax Deducted at Source) on Sale of Property will […]