Tax deducted at source ||TDS IN EASY MANNER||

*Tax Deduction at Source* *_GENERAL POINTS_* 📍 _Tax deducted shall be deposited by 7th of next Month & by 30 April for the Month of March._ 📍 _In case of TDS u/s 192/194A/194D/194H quarterly deposit of TDS by 7th of July/October/Jan & 30 April_ *For Reference* _(192 is for Salaries)_ _(194A- Interest other than Securities)_ _(194D- Insurance Commission)_ _(194H- Commission or Brokerage)_ 📍 _In case of TDS u/s 194IA & 194IB tax shall be deposited within 30 days from end of month of deduction._ _(194IA- Transfer of Immovable Property other than Rural agri Land)_ _(194IB- payment of Rent)_ 📍 _If the Receiver is Non Resident than TDS shall attract Cess @3% (e. g. TDS Rate 20% shall be 20. 6%)_ 📍 _Simple Interest @ 1% PM or part if TDS not deducted & 1.5% PM or part if deducted but not deposited shall be imposed u/s 201(1A)._ 📍 _Certificate of TDS u/s 203 [RULE 31] shall be submitted under form 16A quarterly within 15 days [in case Of employer u...