Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Income Tax - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

TDS on virtual digital asset (VDA) - Guidelines for removal of ...


New Guidelines Clarify TDS on Virtual Digital Assets u/s 194S(6) of Income-tax Act, 1961.

June 25, 2022

Circulars     Income Tax

TDS on virtual digital asset (VDA) - Guidelines for removal of difficulties under sub-section (6) of section 194S of the Income-tax Act, 1961 - Circular

View Source

 


 

You may also like:

  1. Taxation of Virtual Digital Assets – As per Section 115BBH @30% is leviable on Income on transfer of ‘Virtual Digital Asset’ - Under section 194S @1% TDS to be deducted...

  2. Section 194S : TDS on payment on transfer of virtual digital asset - Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax

  3. VDA - Central Government notifies virtual digital assets which shall be excluded from the definition of virtual digital asset - Notification

  4. Quarterly statement of TDS - virtual digital asset (VDA) - Income-tax (20th Amendment) Rules, 2022 - Amends Rule 31A and inserts Form 26QE - Notification

  5. TDS on virtual digital asset (VDA) - Order under section 119 of the Income-tax Act, 1961 (the Act) in relation to tax deduction at source under section 194S of the Act...

  6. Ex-post facto extension of due date for filing Form No. 26QE for TDS u/s 194S - CBD issued a circular extending the due date for filing Form No. 26QE, related to tax...

  7. Payment on transfer of virtual digital asset - Amends various rules i.e. Due Date of payment of TDS (Rule 30) - Certificate of TDS (Rule 31) - Quarterly statement /...

  8. Guidelines for conduct of personal hearings in virtual mode under Customs Act, 1962 - Trade Notice

  9. Guidelines for conduct of personal hearings in virtual mode under Customs Act, 1962 - Order-Instruction

  10. Clarifications regarding GST in respect of certain services - TRU clarified 6 vital issues.

  11. The summary highlights the key difference between the scope of total income under the Income Tax Act and the Black Money (Undisclosed Foreign Income and Assets) and...

  12. Rationalisation of Tax Deducted at Source rates is proposed. TDS rates to be reduced for sections 194D, 194DA, 194G, 194H, 194-IB, 194M, and 194-O, ranging from 0.1% to...

  13. Value of assets for the purpose of calculation of depreciation - sale of assets - u/s.43(6) of the Act, the WDV of the block of assets is to be reduced by the sale...

  14. When the Income-tax Officer stated that full expenditure had been allowed in the year of acquisi tion of the assets, what he really meant was that the amount spent on...

  15. The Income Tax Bill 2025 establishes comprehensive criteria for income deemed to accrue or arise in India, focusing on four primary categories: income from Indian...

 

Quick Updates:Latest Updates