January 10, 2014

Important guidelines related to payment of TDS/ TCS liability

TDSMAN03 mins

Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source (in accordance with CGA Rules and Rule 125 of Income Tax Act) A. Central Government Account ( Receipts and Payments ) Rules, 1983: Date of Receipt for Cheques or Drafts: The Central Government Account (Receipts and Payments) Rules, 1983 contain,…

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Mandatory filing of TDS Statements and Issuance of TDS Certificates downloaded from TRACES

TDSMAN05 mins

If tax at source has been deducted by you on various payments / credits but no TDS Statements have not been filed by you as yet. In this regard, your urgent attention is invited to relevant CBDT Circulars and provisions of the Income Tax Act, mandatory filing of TDS Statements and Issuance of TDS Certificates…

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