TDS

Working
CA Amit Mahajan
 1¥
*
Concept

Q÷-
0
9 9
a

Banta
Kanta

service provided on → 5/4/220222

ReaSonS_ TDs Income Tax .

Trust
TYII-nosmeor-Bar.mg#.....agy;g:
① No Bharosa income
1-
Gross am
on earner • not

mm tag
-

.
mi
121500
, nietamt
-

TL
2- 52
-

"°°
② in
lol

receipt of
si
-

Govt
Delay
-

by
revenue
(1100/000)

s÷!÷÷÷É÷a*
"

" ""

÷-
" "^ "

- -
- - - -
- - -
Ñ

1/4/22 31/3/23 31/7/23

514122g

sectioned
2=9,001000
salary →

tax
0 -
2150,000 → Nil

2. 5L
-
5L -
121500

s-i-ai-s.AE?I-
3,700

+HE÷ Tax
liability

CA Amit Mahajan
*
seuionlaw.EE *

Amount

f-
< 50,000 250,000
I
t
N0I_DS_ Check whether

it is taxable

#
Amt withdrawn

< b- years
Amt eawrgithdrawn
I
NOTDS

Due
't other reasons

→ ill-health
- Buz . discontinued

→ cessation of employment

t
TDs @ lot .

N0TD#

**É Other

society
co -

op
.

✗
↳ -

operative society
[ small]
T¥ Members

/ / GR

csr.ci.io#
• Sales To → 750 or

( last F-
4)
LANI
• Interest → > 2=540,000/2--50,000

CA Amit Mahajan
 101103 Notes > ✗
Exempt - →

/
* Section 194 ☐ py *
-

↳ Taxable -
TDs ✓

After Before
→ Section IOCIOD ) 114112 114112
9
¥#ll
T
↳ Premium < to ! .

/ 120% of

sum assured

↳
if yes -
Exempt

→
if premium is MORE
Pottaken
Maturity
)¥#2
sum

premiumassuredonamounttaxab.IE 40K v1> 30k

40K 3L 1/4/15 4L
I
check
maturity F 30k 4L 1/4/11 3L

108K 1.5L 1/4/17 90K

< It > IL

t t
Taxable
NITTI t
TDs
I
income element
only
-

on

Maturity E- 4L

Premium - 1L

paid

/TDSon→#

CA Amit Mahajan
Sectionally
①
Rent > 2- 40hPa .

'
①
T £ → TDSV T
n
n

^lt_3✓;¥
¥ Joint
owner

→ Furniture
☒
#, 0
9^
Joint owner
2

Rent - 21601000

-
Rent Maun -
Tax .

1 I
2,301000 301000
* section 194J *

0*-0
9 9n
n - B
A
Royalty ( Seiber)
( Buyeo)
TDs ✓

-
- -
- -
- -

aid
-
-

E.
- - - -
-

software

- software

% O←ÉQ - On
T
I - is ? Royalty C
A
Royalty .

!
② TDs noued be deducted

! " " I¥¥-

+

① Should be
Resident

* Sec 194Mt *

Limit of Flor -
applicable BANK wise

①
}
Kotak → current All →
70L
" '° "

↳ savings are →
yo , TDs on

② SBI -
savings Alc →

=
801

TDS on ✗-

CA Amit Mahajan
 Examptem

e-
19-20 20-21 21-22 22-23
✗
✗ ✗
f

÷-
withdrawal
Rot
filed y
N_ TDS → 3,601000
II.
→
40W

22-23

✗ ✗
f

%¥T⇐,.uow→TD
withdrawal
t
riled

CA Amit Mahajan
 Kaka
Uber Driver .

E←⇐#→← =
eggs ,

- Dk

ECovb-eriuI.it#goBlKgBAGBT
{Y)sessi
F-
A
Rashi
Amit
me -

In ①
Rashi files her Rot

in her
income .

② Rashi includes lol

Default 2--10 L
income
③
tax on
Rashi
-

pays

take certificate
①
.

Go to CA a
your
-

⑤ CA will gie a certificate to Amit stating

that Rashi has filed her Rot & paid
tax on FHL .

CA Amit Mahajan
?⃝
 / past
-

1nt@li.p.m

7/10/21
pg
7/7/21 9/9/21 12112121
I 1 1
TDS TDS TDS

Deductible Deducted paid

to
if it
Govt
3. months
3. months
.

t "
t
late Ded
late payt
t in
lnt@1l.p.m / pastoF1nt@1.51.p.m / past
of the month .

the month .
 conceptor-TC.sn

☐ a ary

¥¥ j<-
 2L

→ o.si .

→ Tcs
8L of 1L

M -
EPI

CA Amit Mahajan
.
5¥:
E.
fate
-
→

① Seller Last #4 To > tour

sale of Goods
②
.

③ value > PL

CA Amit Mahajan
* Advance Tax *