Summary: Section 51 of the GST Act mandates specified entities to deduct Tax Deducted at Source (TDS) on payments for goods or services under certain conditions. These entities include government ...
The Supreme Court on Friday refused to entertain a PIL demanding scrapping of the TDS system of income tax collection under the Income Tax Act, saying it was “very badly drafted”. A Bench led ...
Listen to Story Supreme Court dismisses PIL against TDS by BJP leader CJI Khanna criticises PIL as poorly drafted TDS aims to prevent tax evasion on specified payments A public interest litigation ...
The Supreme Court declined to consider a public interest litigation (PIL) on Friday, calling for the discontinuation of the Tax Deducted at Source (TDS) framework under the Income Tax Act. A bench led ...
The Supreme Court on Friday refused to entertain a public interest plea (PIL) seeking the scrapping of the Tax Deducted at Source (TDS) system, describing it as arbitrary, irrational and violative ...
Thus with the start of the new financial year 2019-20 (w.e.f. 01/04/2019), a new invoice series, unique for the financial year, is to be started by the GST taxpayers. A similar provision is there in ...
Ideal for those starting out in the construction or agricultural industry, these machines offer an attractive package for buyers. It’s priced at just $68,500+GST for both machines, attachments ...
Suppose the invoice is uploaded, and the person also takes it, even then, this problem will arise. Because you yourself will later on find out that the GST registration is incorrectly given." ...
This section requires e-commerce operators to deduct tax at source (TDS) at the rate of 1% on the ... to claim input tax credits under GST law, structure your operations to avoid permanent ...
bearing Circular No.166/22/2021-GST, wherein refund of TDS/TCS amounts deposited in the electronic cash ledger is permissible, in accordance with the proviso to sub-section (1) of section 54, read ...