The issue was denial of deduction to non-life insurers where TDS was not deducted or paid on time. The amendment allows such expenses to be claimed later once TDS compliance is ...
TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where ...
Did you know that an excess amount of cash withdrawal from a bank or post office can lead to deduction of TDS? This deduction kicks in when the sum withdrawn is higher than the permitted threshold.
Courts have held that once TDS is deducted from salary, the employee cannot be asked to pay tax again merely because the employer failed to deposit it. Recovery must be pursued only against the ...