Tax At Source News Today

Section 194IA requires a buyer to deduct 1% tax if buying property from a resident exceeding ₹50 lakh. Section 195 applies if the seller is a non-resident. Different tax rates apply based on long-term or short-term capital gains. TAN is required for non-resident transactions but not for residents

BGMEA calls on the government to retain 0.5% tax at source for exports

Cross-border payment for software not royalty, SC ends two-decade old tax dispute SC says there is no obligation on a person to deduct tax at source, as the end-user licence agreements in these cases do not create any interest or right in such end-users, which would amount to the use of or right to use any copyright Dipak Mondal | March 3, 2021 | Updated 13:35 IST Tax experts hailed the SC order, saying the judgment would have a far-reaching impact The Supreme Court has put an end to an over t...