Tax Deducted at Source (TDS)
- What is the difference between PAN and TAN?
- If I buy any land/building then is there any requirement to deduct tax from the sale proceeds to be paid by me to the seller?
- I have not received TDS certificate from the deductor. Can I claim TDS in my return of income?
- Would I face any adverse consequences if instead of depositing TDS in the government's account I use it for my personal needs?
- I do not have PAN. Can I furnish Form 15G/15H for non-deduction of TDS from interest?
- However, the provisions of section 206AA shall not apply in the following cases:-
- At what rate the payer will deduct tax if I do not furnish my Permanent Account Number to him?
- What to do if the TDS credit is not reflected in Form 26AS?
- How can I know the quantum of tax deducted from my income by the payer?
- What are the duties of the person deducting tax at source?
- If the payer does not deduct tax at source, will the payee face any adverse consequences by means of action taken by the Income-tax Department?
- What to do if tax is deducted but the ultimate tax liability of the payee is nil or lower than the amount of TDS?
- Under what circumstances a deductor would not be deemed as an assessee-in-default even after he fails to deduct TDS or after deducting the same fails to deposit it to the Government’s account?
- What are the consequences a deductor would face if he fails to deduct TDS or after deducting the same fails to deposit it to the Government’s account?
- Can the payee request the payer not to deduct tax at source and to pay the amount without deduction of tax at source?
- Is there any minimum amount upto which tax is not deducted?
- What are the payments covered under the TDS mechanism and the rates for deduction of tax at source?
- What is tax deducted at source?