Daily Archives: June 9, 2018

194IB -TDS on Rent w.e.f 01.06.2017 in case of Individual and HUF not liable for Audit

By | June 9, 2018

Section 194IB of Income Tax Act [ TDS on Rent w.e.f 01.6.2017 ] [ Section 194IB of Income Tax Act – Deduction of tax at source on Rent in the case of certain Individuals and Hindu undivided family] If you are paying Rent in India , then you  must have been confused whether you needs… Read More »

Section 269ST – Cash Receipt Rs 2 Lakh or more Banned w.e.f 01.04.2017

By | June 9, 2018

Section 269ST – Cash Receipt Rs 2 Lakh Banned w.e.f 01.04.2017 Section 269ST Income Tax Act 1961 : Finance Act 2017 of India has been inserted by Finance Act 2017 w.e.f 01.04.2017 . It provided restriction on Cash Receipt of Rs 2 Lakh or more.  This provision being new, there is still a lot of confusion and… Read More »