Release Notes for HostBooks TDS Application Aug 30, 2019

Highlights

• Update salary structure  for F.Y. 2019-20 [as per finance (no. 2) act 2019]
• New Section 194M (5%) , 194N (2%), 194DA (5%) in Form 26Q Deductions applicable from FY 2019-20 Q2 onward.
• New Section 194N (2%) in Form 27Q Deductions applicable from FY 2019-20 Q2 onward.

Feature #1: Update salary structure  for F.Y. 2019-20 [as per finance (no. 2) act 2019]

Feature #2: New Section 194M (5%) , 194N (2%), 194DA (5%) in Form 26Q Deductions applicable from FY 2019-20 Q2 onward.

Feature #2:New Section 194N (2%) in Form 27Q Deductions applicable from FY 2019-20 Q2 onward.

We’re always excited to hear from you! If you have any feedback, questions or concerns, please email us at: qa@hostbooks.com.

Thanks Hostbooks.