Form No. 16 – Annual Form No. 16 A – Quarterly Form No. 16 B – Half Yearly Form No. 16 C – Monthly    

a. Income by way of winning from horse race: @ 30% b. Insurance Commission: @ 10% c. Rent of Plant & Machinery: @ 5% d. Rent of Furniture: @ 5%  

a. Register yourself b. Verify ITR V c. Select the requisite form d. Fill form and upload  

a. TDS on non-salary payment – Form 16 b. TDS on salary payment – Form 16 A c. TDS on sale of property – Form 16 B d. TDS on rent – Form 16 C  

Assertion (A): Tax should not be charged on dividend income from the shareholders Reason (R): Some economists are of the opinion that when tax has already been paid on the profit of the company and balance is distributed as dividend to the owners, tax need not be levied on them  

Given is the information related to a house Municipal Value (MV) Rs. 1,50,000 Fair rent Rs.1,80,000 Standard rent Rs. 1,60,000 Actual rent Rs. 20,000 pm Municipal tax is paid by the owner is 20% of MV Unrealised rent Rs. 40,000 (Condition of rule 4 satisfied)