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TDS Codes

TDS Code 1022 Explained: TDS on Interest (Earlier Section 194A) | Comprehensive Guide
10 Aug 2026

TDS Code 1022 Explained: TDS on Interest (Earlier Section 194A) | Comprehensive Guide

by admin | posted in: General | 0

Interest payments are common in business, particularly when companies, firms and other entities borrow funds or maintain financial arrangements that result in interest payments. When such interest is paid or credited, the payer may be required to deduct TDS. TDS … Continued

TDS, TDS Code 1022, TDS Codes, TDS on interest, TDS Rates
TDS Code 1031 Explained: TDS on Purchase of Goods Under Earlier Section 194Q | Comprehensive Guide
9 Aug 2026

TDS Code 1031 Explained: TDS on Purchase of Goods Under Earlier Section 194Q | Comprehensive Guide

by admin | posted in: Compliance, Income Tax | 0

Businesses making substantial purchases of goods may need to deduct TDS from payments to their suppliers. TDS Code 1031 is the relevant code for this category under the new Income Tax Act framework. TDS Code 1031 is particularly important for … Continued

1031, 1031 TDS Code, TDS, TDS code 1031, TDS Codes

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