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Section 195 requires TDS on payments to non-residents, while Section 197 allows lower or nil TDS through a certificate, helping reduce excess tax deduction legally.

Sections 195 and 197: TDS on Payments to Non-Residents and Lower/Nil Deduction Certificate

A comprehensive guide on India’s old and new tax systems, deductions, rebates, and practical tips for smart financial decisions.

Old Vs New Tax Regime: A Complete Guide to Benefits, Exemptions and Tax Planning

Judgement

ITAT upheld that failure to deposit the employee contributions within the specified due date would result in disallowance of deduction.

Belated Employee PF/ESI Contributions Not Deductible Even if Made Before ITR Filing Deadline: ITAT Upholds SC's Ruling

News

Tax experts say that there are fewer possibilities that the government will make any new changes to the income tax slab rates in the Budget 2026.

Budget 2026: Will There Be More Income Tax Relief for Salaried Individuals?

A comprehensive and detailed overview of income tax benefits available to senior and super senior citizens in India under the Old and New Tax Regime.

New Vs Old Tax Regime: Benefits For Senior Citizens And Super Senior Citizens Under IT Act 1961

New Vs Old Tax Regime: Benefits For Senior Citizens and Super Senior Citizens Under IT Act 1961

This demand has been raised after the income tax department allegedly disallowed interest on delayed receivables and the Group Management Fee.

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Sections 195 and 197: TDS on Payments to Non-Residents and Lower/Nil Deduction Certificate

Old Vs New Tax Regime: A Complete Guide to Benefits, Exemptions and Tax Planning

Belated Employee PF/ESI Contributions Not Deductible Even if Made Before ITR Filing Deadline: ITAT Upholds SC's Ruling

Budget 2026: Will There Be More Income Tax Relief for Salaried Individuals?

New Vs Old Tax Regime: Benefits For Senior Citizens and Super Senior Citizens Under IT Act 1961

Hitachi Energy Faces Rs 26.07 Crore Income Tax Demand Over Disallowance of Delayed Receivable Interest