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Form 16D is a TDS Certificate issued for payment of a commission, brokerage, contractual fee, the professional fee under section 194M by the payer. Under Section 194M if the payments to resident contractors and professionals exceed INR 50,00,000 during the Financial Year, the payer has to deduct tax at the rate of 5% from the sum payable to a ...
The department assesses tax under section 143(3) (scrutiny), 144 (best judgement), 147 (income escaping assessment) and 153A (search and seizure). Notices for such assessments are issued under sections 143(2), 148 and 153A, respectively. Time limits are prescribed in section 153. [22]
After the notices mentioned in points (1) and (2) above are complied with, assessment is made under sub-section (3) of section 143. When no compliance is received after the lapse of the time period provided by the assessing officer, assessment is made under section 144. Such assessments are called "scrutiny assessments."
“Allowing external access, even under the best intentions, could open the door to risks like data leaks or unauthorized use. Furthermore, this could slow down IRS operations, including tax ...
A passenger aboard the Delta flight that flipped upside down in a crash-landing in Toronto on Monday recalled how within seconds of the wheels touching down, his body was turned fully sideways and ...
A judge on Tuesday declined to immediately block Elon Musk's government efficiency department from directing firings of federal workers or accessing databases, but said the case raises questions ...
t.d.s., tds, TDS take by mouth 3 times a day ter die sumendus u.d., ud ... Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; ...
Chicken is America’s favorite meat. Americans consume more chicken than any other animal protein. Intake has steadily increased since the 1970s, reaching an estimated 100 pounds per person ...