Purchasing a house can be a cumbersome task. You have to decide on a budget, arrange for the down payment and loan, select the property, negotiate with the seller, and also perform other statutory ...
The Central Board of Direct Taxes (CBDT) issued a notification on 31 May giving clarity on tax deducted at source (TDS) on immovable property. Effective 1 June, TDS at the rate of 1% on the value of ...
What is Form 16? Form 16 reflects the tax deducted at source (TDS) during the financial year. Form 16 meaning, Form 16A, Form 16B download: Form 16 is a crucial document for a salaried individual, ...
At times, it happens that the taxpayer does not receive Form 16 or Form 16A. Form 16 or Form 16A is a TDS certificate that informs individuals about the total tax deducted in a financial year and the ...
In order to check the rampant use of black money in immovable property transactions, the government of India has introduced a law, wherein, the purchaser of a property has to deduct tax at source, R ...