Paying rent above Rs 50,000? Here's why you need to deduct TDS under Section 194-IB by March 31

Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...
Tax Guru

Interest on TDS Refund Allowed as AO Cannot Decide Delay Under Section 244A(2): Delhi HC

The Delhi High Court held that the Assessing Officer cannot deny refund interest by attributing delay to the assessee. The decision clarified that only higher authorities specified in Section 244A(2) ...
Hosted on MSN

ITR filing FY 2024-25 (AY 2025-26): Deadline to file income tax returns extended from July 31 - check new date

New ITR Filing Deadline FY 2024-25: In a major relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the deadline for filing Income Tax Returns (ITRs) for the assessment year 2025 ...
India Today on MSN

Tax deadlines coming up? Know the last dates for revised returns and advance tax

Tax deadlines tend to creep up quietly, and many taxpayers realise the dates only when time is running out. If you still need ...
Newspoint on MSN

Income tax rule for tenants: Paying ₹50,000+ rent? Missing this TDS rule can lead to ₹1 lakh penalty

Many people living in rented houses focus mainly on paying monthly rent on time, but very few are aware that income tax rules ...