This book provides legal analysis of the provisions relating to TDS, TCS, Advance Tax and Refunds under the Income-tax Act. It also includes guidance on all practical problems supported by illustrations and legal jurisprudence. The Present Publication is the 36th Edition and has been amended by the Finance Act 2023. This book is authored by Dr Vinod K. Singhania and divided into four divisions, namely: • Deduction of Tax at Source • Advance Tax • Tax Collection at Source • Refund The key features of the book are as follows: • [Detailed Analysis] of TDS and TCS provisions • [40+ Original Illustrations] for easy understanding of various complex provisions • [Case Laws] covering the ratio of all important Case Laws relating to TDS & TCS • [Complete Analysis of the Rules] prescribed for TDS and TCS provisions • [Guidance on the Controversial Issues] with supporting Case Laws • [Circulars and Notifications] are linked with the relevant provisions • [Referencer] for the following: o Tax Rates w.r.t. to TDS o Withholding Tax Rates o Rates for TCS o Advance Tax Rates o Calendar for TDS, TCS & Advance Payment of Tax The detailed contents of the book are as follows: • Deduction of Tax at Source o Deduction of Tax at Source from Salary o How to work out the estimated salary and quantum of tax to be deducted therefrom o Tax deduction from the accumulated balance of provident fund due to an employee o How to compute taxable premature withdrawal of provident fund and tax to be deducted therefrom o Deduction of tax at source from interest on securities o How to compute interest on securities and tax-deductible therefrom at source o Deduction of tax at source from dividend o How to compute dividends and tax-deductible therefrom o Deduction of tax at source from interest other than interest on securities o How to compute interest (other than interest on securities) and tax-deductible therefrom o Tax deduction from winnings from the lottery, crossword puzzle, card games or other games or winnings from online games o Winnings from a lottery, crossword puzzle, card games, or other games/winnings from online games and tax to be deducted therefrom o Tax deduction from winnings from horse race o Winnings from horse races and tax to be deducted thereon o Tax deduction from payments to contractors o What constitutes a payment to contractor/sub-contractor, and how much tax is to be deducted therefrom o Tax deduction from the insurance commission o How to compute insurance commission and tax to be deducted therefrom o Tax deduction from payment in respect of life insurance policy o How to compute tax to be deducted from payment in respect of life insurance policy o Deduction of tax at source from national savings scheme o How to compute the amount referred to in Section 80CCA(2)(a) and tax to be deducted therefrom o Deduction of tax at source on account of repurchase of units by mutual funds or Unit Trust of India o How to compute the amount referred to in Section 80CCB(2) and tax to be deducted therefrom o Deduction of tax at source from the commission on the sale of lottery tickets o How to compute commission on the sale of lottery tickets and tax-deductible therefrom o Tax deduction from commission or brokerage o How to compute commission or brokerage and tax to be deducted therefrom o Tax deduction from rent o How to compute rent and tax to be deducted therefrom o Deduction of tax at source from the consideration payable for acquisition of immovable property other than agricultural land in a rural area o How to compute tax-deductible from payment of consideration for the acquisition of any immovable property o Tax deduction from payment of rent by certain individuals and HUFs o How to compute tax-deductible from Rent under Section 194-IB o Tax deduction from payment under a specified agreement o How to compute consideration which is subject to tax deduction under Section 194-IC o Deduction of tax at source from fees for technical or professional services or royalty o How to compute fees for professional and technical services and royalty and tax-deductible therefrom o Deduction of tax at source from income in respect of units o How to compute income in respect of units and tax-deductible therefrom o Deduction of tax at source from payment of compensation on acquisition of immovable property o How to compute tax-deductible from payment of compensation on acquisition of immovable property o Deduction of tax at source from income by way of interest from infrastructure debt fund o How to compute tax-deductible from payment of interest on infrastructure debt fund o Deduction of tax at source from interest on units of business trust o How to compute tax-deductible from payment of interest on units of business trust o Deduction of tax at source from income in respect of units of investment fund/securitisation trust o How to compute tax-deductible from income in respect of units of investment trust/securitisation trust o Deduction of tax at source from income by way of interest from Indian company under Section 194LC o How to compute tax-deductible from interest payable to a non-resident/foreign company o Deduction of tax at source from interest on certain bonds and government securities under Section 194LD o How to compute tax deduction from interest payable under Section 194LD o Tax deduction from payment to a resident contractor, broker or professional by certain individuals and HUFs o How to compute tax-deductible from payment/credit to a contractor, professional or broker under Section 194M o Deduction of tax at source from cash payment to account holders under Section 194N o How to compute tax-deductible from cash payment to account holders under Section 194N o Deduction of tax at source from payments to e-commerce participants o How to compute income and tax-deductible therefrom o Deduction of tax at source from the income of a specified senior citizen o How to compute income or specified senior citizen and tax-deductible therefrom o Deduction of tax at source on payment for the purchase of goods o How to compute tax to be deducted under Section 194Q o Deduction of tax at source on benefit or perquisite in respect of business or profession o How to compute the value of benefit or prerequisite and tax-deductible therefrom o Deduction of tax at source from payment on transfer of virtual digital asset o How to compute tax to be deducted under Section 194S o Tax deduction from payments to non-residents o How to compute the amount payable to non-residents and tax to be deducted therefrom o Deduction of tax at source from the income of units of offshore fund o How to compute the amount of tax deduction under Section 196B o Deduction of tax at source from income from foreign currency bonds or shares of an Indian company o How to compute the amount of tax deduction under Section 196C o Deduction of tax at source from the income of foreign institutional investors from securities o How to compute the amount of tax deduction under Section 196D • Advance Tax o Income liable to advance tax o Liability to advance tax – when arises o Due dates of payments o Computation of advance tax liability o Interest payable by the assessee/government • Tax Collection at Source • Refund o Refund for the excess payment o Interest on refund

* Deduction Of Tax At Source From Salary * How To Work Out Estimated Salary And Quantum Of Tax To Be Deducted Therefrom * Deduction Of Tax At Source From Interest On Securities * How To Compute Interest On Securities And Tax Deductible Therefrom At Source * Deduction Of Tax At Source From Dividend * How To Compute Dividends And Tax Deductible Therefrom * Deduction Of Tax At Source From Interest Other Than Interest On Securities * How To Compute Interest (Other Than Interest On Securities) And Tax Deductible Therefrom * Tax Deduction From Winnings From Lottery, Crossword Puzzle, Card Games Or Other Games * Winnings From Lottery, Crossword Puzzle, Card Game Or Any Other Game And Tax To Be Deducted Therefrom * Tax Deduction From Winnings From Horse Race * Winnings From Horse Race And Tax To Be Deducted Thereon * Tax Deduction From Payment To Contractors And Sub-Contractors * What Constitutes A Payment To Contractor/Sub-Contractor And How Much Tax Is To Be Deducted Therefrom * Tax Deduction From Insurance Commission * How To Compute Insurance Commission And Tax To Be Deducted Therefrom * Deduction Of Tax At Source From National Savings Scheme * How To Compute Amount Referred To In Section 80Cca(2)(A) And Tax To Be Deducted Therefom * Deduction Of Tax At Source On Account Of Repurchase Of Units By Mutual Funds Or Unit Trust Of India * How To Compute Amount Referred To In Section 80Ccb(2) And Tax To Be Deducted Therefrom * Deduction Of Tax At Source From Commission On Sale Of Lottery Tickets * How To Compute Commission On Sale Of Lottery Tickets And Tax Deductible Therefrom * Tax Deduction From Commission Or Brokerage * How To Compute Commission Or Brokerage And Tax To Be Deducted Therefrom * Tax Deduction From Rent * How To Compute Rent And Tax To Be Deducted Therefrom * Deduction Of Tax At Source From Fees For Technical Or Professional Services * How To Compute Fees For Professional And Technical Services And Tax Deductible Therefom * Deduction Of Tax At Source From Payment Of Compensation On Acquisition Of Immovable Property * How To Compute Tax Deductible From Payment Of Compensation On Acquisition Of Immovable Property * Tax Deduction From Payments To Non-Residents * How To Compute Amount Payable To Non-Resident And Tax To Be Deducted Therefrom * Deduction Of Tax At Source From Income Of Units Of Offshore Fund * How To Compute Amount Of Tax Deduction Under Section 196B * Deduction Of Tax At Source From Income From Foreign Currency Bond Or Shares Of Indian Company * How To Compute Amount Of Tax Deduction Under Section 196C * Deduction Of Tax At Source From Income Of Foreign Institutional Investors From Securities * How To Compute Amount Of Tax Deduction Under Section 196D

Highlights ? More than 5300 MCQs with Answers and Reference. ? Contains upto date laws on Insolvency & Bankruptcy Code, 2016, its Rules and Regulations and Circulars. ? Completely revamped to include MCQs and legislation as per the latest syllabus of IBBI w.e.f. 1st January 2021. ? Covers cases decided by the Supreme Court, High Courts, NCLAT and NCLT covering facts of the case, issue involved and decision given by courts, as per the syllabus. ? Contains separate chapters with case analysis of CIRP/ Individual Insolvency Resolution. Complete coverage of syllabus as notified w.e.f. 1st January 2021 with more than 5300 MCQs (updated upto 31st December, 2020) ? The Insolvency and Bankruptcy Code, 2016, Its Rules, Regulations and Circulars issued under the Code till 31st December, 2020) ? Relevant Chapter of The Companies Act, 2013 ? The Indian Partnership Act, 1932 ? The Limited Liability Partnership Act, 2008 ? The Indian Contract Act, 1872 ? The Negotiable Instruments Act, 1881 ? The Sale of Goods Act, 1930 ? The Transfer of Property Act, 1882 ? The Code of Civil Procedure, 1908 ? The Limitation Act, 1963 ? The Prevention of Corruption Act, 1988 ? The Prevention of Money Laundering Act, 2002 ? The Recovery of Debts and Bankruptcy Act, 1993 ? The Arbitration and Conciliation Act, 1996 ? The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests Act, 2002 ? The Micro, Small and Medium Enterprises Development Act, 2006 ? The Real Estate (Regulation and Development) Act, 2016 ? Securities and Contracts Regulation Act, 1956 ? Relevant SEBI Regulations: - SEBI (ICDR) Regulations, 2009 - SEBI (ICDR) Regulations, 2018 - SEBI (Delisting of Equity Shares) Regulations, 2009 - SEBI (SAST) Regulations, 2011 - SEBI (LODR) Regulations, 2015 ? Finance and Accounts (Corporate Finance; Financial Analysis; Liquidity Management; Tax Planning and GST) ? General Awareness - Constitution of India (Right to Constitutional Remedies; provisions of Union Judiciary; provisions of High Courts in the States) - Rights of Workmen under Labour Laws (The Code of Social Security, 2020, The Code of Wages, 2019, The Industrial Relations Code, 2020, The Occupational Safety, Health and Working Conditions Code, 2020 - Economy - Financial Markets - Basic concepts of Valuation - Forensic Audit ? Important decisions of Supreme Court and High Courts, Decisions of NCLAT and NCLT relating to Insolvency ? Case Analysis of CIRP & Liquidation / Individual Insolvency Resolution / Business and Professional Ethics ? MCQs based on Various decisions of Courts ? Model Question Papers

About the book This book deals with the general rules of Interpretation and topics covered by the four main enactments pertaining to indirect taxes namely Customs, Central Excise, Services Tax and GST. It also covers the general provisions relating to taxation such as classification, valuation and demand pertaining to short recovery and refund of the excess payment. It also covers the topics such as strict liability, Res judicata, other general concepts of law, relating to taxation such as rule of stare decisis and exceptions to the rule of stare decisis. Key features Concepts of interpretation of tax statutes lucidly explained Exclusive chapter on: - GST - Service Tax Exhaustive coverage on Natural Justice and theory of precedent Special emphasis on the decisions of the CESTAT on all the topics Comprehensive coverage of cases on: - Levy of Customs, Central Excise, Service tax and GST - Classification of goods and services - Exemptions - Valuation of goods and services - CENVAT Credit/Input Tax Credit - Recovery of Tax dues - Refund/Rebate - Small Scale Exemption