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Tax deduction at source. 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). Under the Indian Income Tax Act of 1961, income ...
Challan. Challan or Chalan is a common Hindi word (चालान, cālān) that has become an Indian English technical word used officially in many professional, especially financial transactions. It usually means an official form or receipt of acknowledgement or other kind of proof document, piece of paperwork, police citation, etc.
The Current Tax Payment Act of 1943, Pub. L. 68, Ch. 120, 57 Stat. 126 (June 9, 1943), re-introduced the requirement to withhold income tax in the United States. Tax withholding had been introduced in the Tariff Act of 1913 but repealed by the Income Tax Act of 1916. The Current Tax Payment Act compelled employers to withhold federal income ...
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Michael M. Santiago. Four flight attendants abused “their privileges as airline employees” and smuggled “millions of dollars of drug money” out of New York City to the Dominican Republic ...
U.S. Route 281 (US 281) is a United States Numbered Highway that runs from the Mexican border in the Rio Grande Valley to the Canadian border near Dunseith, North Dakota. In the state of Texas , the highway is a major south–north corridor, connecting Brownsville to the Oklahoma state line at the Red River in Burkburnett .
Four officers were fatally shot as a U.S. marshals task force was serving a warrant at a home Monday in Charlotte, North Carolina, officials said.