In most cases, refunds are issued within a few weeks to a few months. Delays may occur due to mismatches in TDS details, bank account validation issues, or cases selected for scrutiny. In effect, ...
TDS on salary is one of the most common and closely monitored compliances under the Income Tax Act. If you are an employer—whether running a proprietorship, partnership, LLP, or company—deducting and ...
The due dates for remitting Tax Deducted at Source (TDS) in India are structured as follows: For Tax Deducted from April to February: The due date for remittance is the 7th of the following month. For ...
March 31, 2025 is the deadline for filing correction statements of tax deducted at source (TDS) returns for FY 2007-08 to Q3 of FY 2018-19. This deadline is important for those individual taxpayers ...
Banks, companies, employers, and other institutions deduct TDS at the rates prescribed under the Income Tax Act, 1961, even if the total tax liability of the taxpayer is not that high. If excessive ...
Gar’s Tips, Tools, and Shop Tales is published by Cool Tools Lab. To receive the newsletter a week early, sign up here. I love industrial training films from the mid-20th century. This one, from 1942, ...