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Payments to professionals, consultants, doctors, CAs, lawyers, IT service providers, and technical experts are subject to TDS under Section 194J. This section is one of the most litigated TDS provisions because: Wrong classification (194C vs 194J) ...

Many salaried individuals and HUFs pay high monthly rent, especially in metro cities. To bring such transactions into the tax net, the government introduced Section 194IB, which requires TDS on rent paid by individuals or HUFs, even if they are not c...

Rent payments are common for: Businesses operating from leased offices Professionals using commercial spaces Individuals earning rental income from property Section 194I of the Income Tax Act governs TDS on rent payments, and incorrect complianc...

Interest income is one of the most common sources of taxable income for individuals, senior citizens, businesses, and NRIs.Section 194A of the Income Tax Act governs Tax Deducted at Source (TDS) on interest income, excluding interest on securities. M...

For salaried employees in India, Tax Deducted at Source (TDS) on salary is governed by Section 192 of the Income Tax Act. It is one of the most common yet most misunderstood TDS provisions. Every employer paying salary is responsible for: Computing ...

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