" alt="Section 264 Revision Order by CIT under the Income Tax Act of India">
1. Extract of the Income Tax Act of India – Section 264 Section 264 of the Income Tax Act, 1961 grants the Commissioner of Income Tax (CIT) the authority to...
" alt="Tax collected at source on the sale of goods">
Tax deductions at source, primarily called as TDS (Withholding Tax in some countries), are collected for making the payment of services. Likewise, Tax collected at sources (TCS) is a significant...
" alt="Interest for Late Payment of TDS">
What is TDS (Tax Deduct at Source)TDS is the concept developed to ensure tax is collected where income is generated, which means the source. TDS is deducted for the payment...
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