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In case you are not the primary account holder in a joint account in any bank then while filling your income tax return avoid providing such account details as your refund from income tax department may not come in that account. So provide only the other bank account details to get your refunds timely

As per income tax act, 1961 payment made to non residents attracts tax deducted at source (TDS) provisions. As per TDS provisions if a payment is covered under TDS provisions then there is a mandatory requirement to deduct TDS on such payment. In this article we will discuss all the TDS provisions which are applicable on payment to non residents.

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The income tax return for A.Y 2019-20 can be filled only after depositing penalty u/s 234F of Rs. 10,000 if total income exceeds Rs. 5,00,000 (Rs. 1,000 in case total income is below Rs. 5,00,000) if you file After 31st December, 2019 but on or before 31st march, 2020.

As per income tax act, 1961 payment made to non residents attracts tax deducted at source (TDS) provisions. As per TDS provisions if a payment is covered under TDS provisions then there is a mandatory requirement to deduct TDS on such payment. In this article we will discuss all the TDS provisions which are applicable on payment to non residents.

15ca

2) All about 15CA-15CB FORMS FOR REMITTANCES

While making any remittances outside India there is a requirement of filling of form 15CA-15CB as per the provisions of income tax act and applicable DTAA (Double Taxation Avoidance Agreements), as the case may be. This article will explain you about form 15CA-15CB applicability.

LowerTDS

1) LOWER RATE OF TDS

There is a requirement to deduct TDS on payment to non residents as per the provisions of income tax act and this will create liquidity problems for non residents in case their total income is not chargeable to tax or chargeable at the lower rates. For this the provisions of section 197/195 for lower rate of TDS are there. In this article we are going to discuss all the TDS provisions applicable to Non residents.

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