New TDS Procedure Kept In Abeyance by CBDT!
June 30, 2009 by taxworry · Leave a Comment
No.402/92/2006-MC (14 of 2009) Government of India / Ministry of Finance Department of Revenue Central Board of Direct Taxes *** New Delhi dated 30th June 2009 PRESS RELEASE The Central Board of Direct Taxes have [...]
Filing Information About Remittance of Foreign Exchange A Must Now!
June 30, 2009 by taxworry · Leave a Comment
CBDT has issued Circular No. 04/2009 dated 29/06/2009 by which procedure to file information regarding foreign exchange remittance electronically is now made must . The gist of the circular is given below:
Section 195 of the Income-tax Act, 1961 mandates deduction of income tax from payments made or credit given to non-residents at the rates in [...]
Can Nominee of Deceased Prevent TDS on Deposit in Senior Citizen Savings Scheme
June 8, 2009 by taxworry · Leave a Comment
Yes, the good news is that now nominee of the deceased can file 15G or 15 H Form to the banks where the deceased had made deposits in Senior Citizen Savings Scheme 2004. Please read the circular of RBI to banks in this regard
RBI/2008-09/493 Ref. No. DGBA.CDD.H-10566/15.15.001/2008-09
June 5, 2009
The General Manager [...]
