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Significance The Tax Deducted at Source (TDS) on payments made by assessees is deposited under the TAN to enable the assessees who have received the payments to claim the tax deducted in their income tax return.
Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority).
The Indian Army is the land-based branch and largest component of the Indian Armed Forces. The President of India is the Supreme Commander of the Indian Army, [3] and its professional head is the Chief of Army Staff (COAS). The Indian Army was established on 1 April 1895 alongside the long established presidency armies of the East India Company ...
The suffix-gate derives from the Watergate scandal in the United States in the early 1970s, which resulted in the resignation of US President Richard Nixon. [2] The scandal was named after the Watergate complex in Washington, D.C., where the burglary giving rise to the scandal took place; the complex itself was named after the "Water Gate" area where symphony orchestra concerts were staged on ...
This new law on TDS on cash withdrawal has come into effect from July 1, 2020. As per the provisions of section 194N of Income Tax Act, if a person withdraws more than 1 Crore from the specific payers, then the payers will deduct TDS on such transaction and deposit it.
The federal government routinely revises economic data, but it rarely makes a correction as large as it did on Wednesday, when the Bureau of Labor Statistics reported America’s economy created ...
In England & Wales there are three companies providing these schemes: [5] The Tenancy Deposit Scheme (TDS) My Deposits. Deposit Protection Service (DPS) The Custodial schemes are free to use and the landlord or letting agents can simply pay the deposit online or over the phone. The money is held in a bank account by the Scheme and transferred ...
Certificate of Deposit Account Registry Service. The Certificate of Deposit Account Registry Service (CDARS), was a US for-profit service that broke up large deposits (from individuals, companies, nonprofits, public funds, etc.) and placed them across a network of more than 3000 banks and savings associations around the United States.