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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. [1]
The Income Tax Department (also referred to as IT Department; abbreviated as ITD) is a government agency undertaking direct tax collection of the government of India. It functions under the Department of Revenue of the Ministry of Finance. [5] The Income Tax Department is headed by the apex body Central Board of Direct Taxes (CBDT).
Shri. Lokesh Chandra, IAS. Mahavitaran or Mahadiscom or MSEDCL (Maharashtra State Electricity Distribution Company Limited) is a wholly-owned subsidiary of the Maharashtra State Electricity Board. It is the largest electricity distribution utility in India (2nd largest in the World after SGCC). MSEDCL distributes electricity to the entire state ...
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 ...
Form 10BA is a declaration form that is used by a certain section of assessees while filing income tax returns in India. The form is a declaration by the assessee. The format is specified by the Income Tax Department of India. Form 10BA applies to a certain section of assessees who are required to claim deductions under section 80GG.
Maharashtra State Electricity Board (or MSEB) (Marathi:महाराष्ट्र राज्य विद्युत मंडळ) is a state government electricity regulation board operating within the state of Maharashtra in India. The MSEB was formed on 20 June 1960 under Section 5 of the Electricity (Supply) Act, 1948. In 1998 it was ...
Corporate taxes (33.99%) Other taxes (2.83%) Excise taxes (20.84%) Customs duties (17.46%) Other taxes (8.68%) other taxes (11.96%) Income tax in India is governed by Entry 82 of the Union List of the Seventh Schedule to the Constitution of India, empowering the central government to tax non-agricultural income; agricultural income is defined ...
Website. https://www.mahatransco.in. Mahapareshan or Mahatransco (Maharashtra State Electricity Transmission Company Limited - MSETCL) is a wholly owned by government of Maharashtra and the major electricity transmission company in the state of Maharashtra, India.after 2003 it is converted to state-owned Electricity Companies.
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