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Tax deduction at source (TDS) has come into existence with the motive of collecting tax from different sources of income. As per this concept, a person (Payer) who is responsible to make payment of specified nature to any other person (Payee) shall deduct tax at source before making payment to such person (Payee) and remit the same into the account of the Central Government.
In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961.
The central government has introduced a new online service called "Know Your PAN", [3] to for knowing your PAN number, verify your PAN [4] for new and existing PAN numbers. [ 5 ] Failure to comply with the provisions of Section 139A of Income Tax Act, a penalty of ₹10,000/- for each default is payable u/s.272B to the assessing officer.
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Keenum played in four-plus seasons for the Cougars and threw his TDs across 57 games from 2007 through 2011. He led college football with 44 TD passes in 2009 and then threw 48 TD passes in 2011.
The department can search residential and business premises of any taxpayer to check records and valuables to ensure that no evasion of tax is taking place. Section 132 of the Income Tax Act, 1961 provides the department the power to conduct search and seizure.
The Satanic Temple of Iowa was supposed to have a holiday event at the Iowa State Capitol on Saturday, but the event request was denied by Iowa Department of Administrative Services.
Anthony Edwards said Thursday he doesn't play basketball to pass when defenses are focusing on him. He showed it on Saturday. The Minnesota Timberwolves star scored a career-high 53 points on ...