Regarding sec 192a
PARVEEN DAHIYA (181 Points)
30 December 2018
TDS DEDUCTED UNDER SEC 192 A. THIS INCOME TAXABLE UNDER WHICH HEAD???
4 Replies
S ELAVARASI
(ACCOUNTANT)
(2975 Points)
Replied 30 December 2018
Sec 192A related TDS base on Income from Salary
Sachin C
(Tax Consultant)
(107 Points)
Replied 30 December 2018
Technically it is Taxable under the Head Salary, but as per the Income Tax Forms released by the Department, we do not get Form 16 for this and we have compulsorily classify this income under other Sources and offer the TDS under the Non-Salary Section of TDS sheet in the IT returns.
Thank You,
Sachin C
Kishan Kashyap
(Student)
(79 Points)
Replied 31 December 2018
Sec 192A relates payment from RPF
TDS at 10% provided amt paid or payable during a particular year is 50k or more
providend amt mentioned above is taxable
TDS at 10% provided amt paid or payable during a particular year is 50k or more
providend amt mentioned above is taxable
Recent Topics
- Need your valueble insight
- GSTR-9 Invoices
- Agricultural Business Loss
- Reporting in gstr9 of ITC of Previous year reverse
- Tax on Reimbursement of House Rent
- MAHARASHTRA CHARITY COMMISSIONER WEBSITE
- Explanation 3 to section 11(1) read with section 4
- Ammendment in Partnership On Death of Partner and
- TDS Provisions applicability Tax Audit Individual
- NAME CHANGE OF HUF
Related Threads
CAclubindia
