Taxpayers often have to file income tax returns just so to claim a refund for having tax deducted at source for various reasons even when their income does not fall under the taxable bracket. The ...

Tax deducted at source (TDS) has emerged as a heavy burden for businesses, driving up operational costs and fuelling ...

Taxpayers are facing scrutiny where receipts subject to TDS under Section 194J are reported under Section 44AD instead of 44ADA. Experts clarify that the correct presumptive scheme depends on the ...