Web2 days ago · Only a limited text involving Section 115O(2) or covered by the second proviso to Section 194B alone would constitute an instance where a penalty can be imposed in terms of Section 271C(1)(b), for the non-payment of TDS. The consequences of non-payment or belated remittance/payment of the TDS, the legislature has provided the same … WebOct 15, 2024 · Government had introduced TDS payment facility from Income Tax Portal since 1 st July 2024, the portal has included banks in phase wise manner for which payment can be made through Income Tax portal.. For the month of August 2024 for which TDS payment was due in September 2024, The portal had included three banks Namely 1) …

What Is a Tax Identification Number (TIN)? - Investopedia

WebBy providing TAN and Challan Tender Date range for a particular financial year , the tax payer can view the following details : CIN. Major Head Code with descriprtion. Minor Head Code. Nature of Payment. If the tax payer enters the amount against a CIN, the system will confirm whether it matches with the details of amount uploaded by the bank. WebTDS, or Tax Deducted at Source, is a certain percentage of one’s monthly income which is taxed from the point of payment. According to the Income Tax Act, 1961, every individual or organisation is liable to pay taxes if their income is above a certain threshold. TDS deduction is applicable to multiple types of payments, including –. Salary. pooh voice actor

ICICI Bank

WebMar 30, 2024 · For instance: TDS deducted in the month of June must be paid to the government by the 7th of July. However, the TDS deducted in the month of March can be … WebInterest on Late Payment of TDS. Period of Interest Payment. No deduction of TDS(fully or partly during transaction time) 1% per month. The interest rate is charged from the deduction date to the date on which the tax is deducted. Non-payment of tax after deduction of TDS. Monthly or part payment of 1.5% or 0.75%. WebHow to make an online payment. To set up an automatic payment: From the top bar click on Manage ePay Accounts and select “Auto Pay Settings”. or click on the Set Up Auto Pay button on the bottom right hand side of the screen. Select your Payment Method from the dropdown and choose [Enter a new Bank Account] or [Enter a new Credit/Debit Card]. pooh wallpaper 4k