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Month: March 2012

Late Filing of TDS Statement Made Very Costly !

No filing or late filing of TDS return or TDS statement shall invite two penal consequence as the Finance Bill 2012-13 has inserted two new…

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TDS / TCS Rates for Financial Year 2012-13

Post Union Budget 2012-13 TDS Rates for financial year (FY) 2012-13 and assessment year  (AY) 2013-14 The Rate Chart for the Financial Year 2012-13 i.e.…

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NEW FVU Files released by TIN-NSDL

New File Validation Utilities – FVU 3.4 & 2.132 has  been released pertaining to validation of eTDS & eTCS returns. FVU 3.4 will be applicable for quarterly…

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How to Apply for TAN, Track Status of TAN Application and Penalty on Failure

Every person who is required to deduct or collect tax at source on any of the specified payments, needs to apply for allotment of Tax…

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