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Month: November 2013

Things to be done on receipt of demand notice u/s 234E Late Filing

What should One do on receipt of demand notice u/s 234E Late Filing? The default amount will have to be deposited through challan no. 281.…

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How will transactions of more than one buyer/seller be filed in Form 26QB – TDS on immovable property?

1)How many Form no: 26 QB should be filled online if Immovable Property is purchased by two buyers from two sellers i.e. one sale deed…

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Procedure for filing eTDS/TCS Returns with Insufficient Deductee PAN

Finance Act, 2003 amended section 206 of Income Tax Act, 1961 to make it mandatory for corporate deductors to furnish their TDS returns in electronic…

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How to pay Advance Tax for Asstt. Year 2014-15?

PAYMENT OF ADVANCE U/S. 207, 208, 209, 210 AND 211 OF THE INCOME TAX ACT, 1961 Payment of advance tax is governed by sec. 207,208,209,210…

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TDS on Income from Pension for Asstt. Year 2014-15

In the case of pensioners who receive their pension from a nationalized bank, the instructions contained in this circular shall apply in the same manner…

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Online request for refund of excess TDS deposited

Form 26B for online request for refund of excess TDS deposited has been enabled on TRACES. To apply online, please login to TRACES After Logging,…

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How to check e-TDS Challan Status Query ?

TDSCPC.GOV.IN has provided a facility to check the Challan Status Query  vide which it can be checked that has there any challan not claimed by…

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RBI : Banks to ensure timely issue of TDS Certificate to customers

Below letter has been issued to all Banks by RBI in which RBI has directed all Banks to issue TDS certificate to Customers on time. RBI/2013-14/361…

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Registration on TRACES and downloading of TDS Certificates mandatory

As per the records of Centralized Processing Cell (TDS), the TDS Statements have been filed by many deductors for different quarters. However, many of them…

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