Income tax department has changed the design of its websites. Antiquated plot of the website was not very well as comparison to the new design of the website. Now, website templates include flash files also to attract the attention of the visitors to some momentous points like faked email, TRPS, e-payment of taxes, and most important thing procedure to file an income tax return. Thanks to the website design and development company of the income tax department’s website for excellent designs. Hope it will be powerful at the server side on the last dates of income tax returns as in design. go to main website of income tax department : http://www.incometaxindia.gov.in/
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{ 4 comments… read them below or add one }
sir,
As per the TDS for Proffesional the limit is Rs.20000/- p.a. my doubt is whether if you paid 30000/- p.a, we has to claculate the TDS on remaining 10000/-p.a or for 30000/-
pls clarify.
rdgs
venkat
THE AMOUNT WILL BE DEDUCT AMOUNT OF RS 30000/-, NOT IN EXCESS OF 20000/-, UPTO 29999.99 TDS WILL BE NIL IF IT IS 30000/- THEN TDS WILL BE DUDUCT ON RS 30000 x 10% = 3000.00
TDS calculated on Rs. 30000/- @ 10% on professional Fee.
An Individual assessee can take Housing Loan Interest and Principal repayment of the Housing Loan which applied and sanctioned in the name of his wife for his income tax purpose.