Search results
Results from the WOW.Com Content Network
It seeks deduction of tax at source on payment of rent exceeding Rs. 50,000 in a month by an individual or HUF to a resident landlord. TDS shall be deducted @ 5% at the time of credit of rent for the last month of the previous year or the last month of the tenancy if the property is vacated during the year, as the case may be.
In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
Reducing the earlier six payable slabs for computing individual income tax to five in the New Tax Regime, the Finance Minister proposed higher threshold limit of ₹3 lakh from existing ₹2.5 lakh for taxpayers. [17] new Slab The implementation of improved limits in tax slabs is said to provide significant relief to taxpayers under the new regime.
The Tenant Protection Act limits how much landlords and property managers can raise rents annually. Here's this year's maximum increase for many L.A. renters. A new limit on rent increases takes ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
Taking advantage of newfound flexibility, many employees moved to places with cheaper rent or more space. Some likely left thinking they’d have to take the train in less than they do now.
The Diff’rent Strokes alum, 59, appeared on the latest episode of the Allison Interviews podcast and opened up about what finally clicked and allowed him to reach 32 years sober.
Rent by individual or HUF not liable to tax audit ₹50,000: 5% 194J: Professional or technical services, royalties ₹30,000: 10% 194LA: Compensation on acquisition of certain immovable property ₹250,000: 10% 194LB: Interest paid by Infrastructure Development Fund under section 10(47) to non-resident or foreign company – 5% 194LC