Page 49 - Tds News Today

If the buyer has paid advance tax, TDS certificate is not required. However, this is non-compliance from the buyer side.

Shares of Telephone and Data Systems, Inc. (NYSE:TDS – Get Free Report) were up 7% during mid-day trading on Monday . The company traded as high as $19.26 and last traded at $19.13. Approximately 636,014 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 2,349,211 shares. The stock […]

The solution has been designed for US Army ITDS competition and intended to enhance the protection and situational awareness of aircraft and helicopters.

The Calcutta High Court has ruled that individuals facing prosecution by the Income Tax department under the Black Money law will not be required to personally appear in court. Instead, they will need to give an undertaking not to leave the country without permission from the trial court. This ruling is expected to have a positive impact on ongoing prosecution cases related to TDS defaults under the Income Tax Act.

The CBDT Chairman said that while there was a rule earlier it was subject to diverse interpretations and now rules are simplified, this will ensure better compliance for both players and companies.

Tax saving fixed deposits are an good investment option for those individuals who want to invest in a fixed return debt instrument and also claim a tax deduction for doing so. However the tax deduction on tax savings FD is only available to individuals who choose the old tax regime.

Telephone and Data Systems, Inc. (NYSE:TDS – Get Free Report) has been given a consensus rating of “Moderate Buy” by the four research firms that are presently covering the company, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 […]

If an individual is liable to deduct TDS before making certain specified payments then it must be done at once. Otherwise the consequences will be dire. Further after deducting and depositing the TDS, an individual must also file a TDS challan cum statement form too. Failure to do so might attract penalty.

Not fair to say there is a TAMS backlog – Minister 2023-10-04

Any payment to a Non-Resident Indian (NRI) is subject to deduction of TDS. However if the NRI wants the rate of TDS deduction to be made at a lower or nil rate then an application using Form 13 needs to be submitted on the TDS TRACES portal.