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Claiming HRA but not paying TDS? Beware of tax notices and penalties
The landlord's PAN must be mentioned in the TDS challan. However, if the PAN is missing or inactive, the TDS is levied at 20% ...
Don’t forget to deduct TDS before buying property even if the seller is NRI as buyer will ...
The Income Tax Department said to follow Section 194 IA which relates to Tax Deducted at Source (TDS) on buying a house ...
Claimed HRA but skipped TDS? Income Tax department comes knocking with notices
Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...
India Today on MSN4 天
Missed TDS on rent? Here's what tax department is doing
The law requires tenants to deduct TDS at 2% on rent above Rs 50,000 per month, in case the landlord is a resident Indian.
Claimed HRA but skipped TDS on rent? The taxman wants answers
The tax department is sending notices to salaried taxpayers who claimed HRA but didn’t deduct TDS on rent above ₹50,000. With ...