Tax Planning- Have you fully utilised your eligible limits for FY 2020-21?
It is that time of the year where we are busy with our tax declarations and having a relook at our annual limits. Have you? Check belowfortheitems you can tick of as your yearend list.
Revised TDS rate chart for FY 2021-22
Statement of Financial Transaction (SFT).
Are you a company that have raised capital of more than 10L in the FY2020-21? Have you issued Bonds/Debenture for more than 10L during the year 2020-21? Have you announced any Buyback of shares more than 10L? Have you declared any Dividend during the FY2020-21?
Applicability and other Clarifications for Section 206AB
) Applicability: Section 206AB is triggered, where tax is required to be deducted at source on any sum / income /amount paid/ payable /credited, by a deductee to a Specified person. 2) Carve-outs : Except for the specific nature of payments provided under Section 206AB, it is applicable for all other nature of payments under […]
Statement of Financial Transaction
A report on specified transaction entered into by asseesse which require reporting to Income tax department.