The Supreme Court on Friday refused to examine a PIL seeking scrapping of tax deducted at source (TDS) framework under the Income Tax Act ... practice profession) and 21 (right to life and ...
Conclusion- Faizan Shoes Pvt. Ltd. (48 Taxmann.com 48), it was held that where foreign agents had no PE in India, no part of their services would be rendered in India and therefore, there would be no ...
as per which the resident individual is required to deduct applicable TDS on the amount of income included in the payment. In this case, since a non-resident individual has held the shares for ...
The Report compares average salaries in different regions, taking into account sector, position and gender. The INOMICS Salary Report 2020/21 answers questions such as; where economists earn the most ...
The income tax calculator also compares the income tax liability in the new tax regime and in the old tax regime for the two financial years. The new tax regime is the default tax regime. So if an ...
For four years, the Environmental Protection Agency made environmental justice one of its biggest priorities, working to ...
Josh Allen, Saquon Barkley, Joe Burrow, Jared Goff and Lamar Jackson are finalists for The Associated Press 2024 NFL Most ...
The TDS system requires tax deductions at the point of income generation—such as salaries, interest, dividends, and rental income. For example, when a salary is paid, the employer deducts a portion of ...
With the new tax regime being the focus of the government, major changes in the old tax regime are unlikely. However, if the ...
If any liability towards unpaid expenditure is incurred by a person in a year and paid by such person in any subsequent year, ...
The Supreme Court dismissed a PIL challenging the TDS framework under the Income Tax Act, suggesting it be moved to the Delhi High Court. The plea argued the TDS system as arbitrary and violative of ...