TDS Rates [Assessment year 2022-23]
Rates for tax deduction at source * [For Assessment year 2022-23] Particulars TDS Rates (in %) 1. In the case of a person other than a company 1.1 where the person is resident in India- Section 192 : Payment of salary Normal Slab Rate Section 192A : Payment of accumulated balance of provident fund which is taxable in the hands of an employee. 10 Section 193 : Interest on securities a) any debentures or securities for money issued by or on behalf of any local authority or a corporation established by a Central, State or Provincial Act; 10 b) any debentures issued by a company where such debentures are listed on a recognised stock exchange in accordance with the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and any rules made thereunder; ...
Just to add, it is advisable to complete all the stay filings before AO/ITAT as well as merit appeal filing before AO within 30 days of receipt of final AO order in cases where demand is raised by AO and not acceptable by the Assessee.
ReplyDeleteIn case, the Assessee is willing to deposit 20% of demand, he can be comfortable to file the appeal within 60 days.