Tag: TDS
CBDT issues circular on TDS collection for FY 2022-23
The Central Board of Direct Taxes (CBDT) issues a circular that explains the deduction of TDS from salaries. The board said that income tax...
SpiceJet deposits TDS of employees
SpiceJet has reportedly deposited the tax deducted at source (TDS) of all its employees for the financial year 2021-22. The employees have been told...
Karnataka HC rules out TDS on secondment for reimbursement of salaries
In a recent landmark ruling, the Karnataka High Court has separated the salary that employees receive for secondment from the fees for technical service,...
Date for employers to issue TDS certificates/Form 16 extended to June...
The Government has extended the deadline for employers to issue tax deduction at source (TDS) certificates, or Form 16, to June 30, 2020. Usually,...
No TDS on salary of University employees : ITAT, Cochin
The salaries of Mahatma Gandhi University employees will not be subject to tax deduction at source ( TDS ) because the University may be...
Salary deducted for unserved notice period not taxable: ITAT
Only salary received would be taxable, and not portions, which were deducted by a company for not serving a notice period.