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Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
As per the provisions of Income Tax Act 1961, Banks are required to deduct TDS @ 2% from the aggregate cash withdrawals exceeding Rs 1 Crore made during a Financial Year (FY), from one or more accounts, maintained by a customer under the same PAN.…
ITR Filing: ITR 1& ITR 4 Forms for AY 2020-21 has been released. ITR Filing for AY 2020-21: The CBDT (Central Board of Direct Taxes) had recently notified the Income Tax Return (ITR) Form 1 to 7 for the assessment…
The Income Tax Department has amended the TDS rules 1962, making it more detailed and mandatory on the deductors side to state the reason for Non-deduction or less deduction of Income tax. In the budget 2019-20, the Central government had…