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Budget 2022 Archives - Lex N Tax Associates
September 7, 2022
New Tds Section Introduced In Budget 2022
1.TDS ON SALE OF IMMOVABLE PROPERTY SECTION 194-I In order to remove inconsistency in provisions, it is proposed to amend section 194-IA of the Act to provide that in case of transfer of an immovable property (other than agricultural land), TDS is to be deducted at the rate of 1% of such sum paid or
September 7, 2022
Amendment In Income Tax In Budget 2022
The government tabled bound amendments to budget 2022 within the lok sabha nowadays the budget 2022 was originally conferred on 1st February 2022. Following public and skilled feedback, the govt usually introduces amendments in its budget proposals and these were introduced within the lok sabha nowadays. According to tax experts, there are a few amendments that individuals should take