Month: December 2014
Impact & action to be taken in case of PANs either “Not Available” or “Invalid” in Quarterly TDS statements
•
Centralized Processing Cell (TDS) has observed from its records that though deductors have reported deductees with more than…
TDS/TCS Compliance for 3rd Quarter of FY: 2014-15
•
The TDS/TCS Compliance for 3rd Quarter of FY: 2014-15 has been given below: Last date for payment of…
Top Queries related to Online Correction
•
Can BIN details be corrected through online correction? Yes, BIN details in the statement can be corrected through…
CPC (TDS) advisory for use of Digital Signatures on TRACES
•
CPC (TDS) has issued an advisory communication in which it has stated about the release of a new…
TDSMAN updated with FVU ver. 4.5 & FVU ver. 2.141
•
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.5 and FVU ver.…
FVU 4.5 and FVU 2.141 released by NSDL
•
The Income Tax Department has released the following new File Validation Utilities on 20th December 2014: FVU version…
Key features of FVU version 4.5
•
Incorporation of section 194LBA (Certain income from units of a business trust): Section 194LBA is applicable for Form…
Important notifications displayed on TRACES website
•
The following important notifications have been displayed on TRACES website: The original statement will be put on hold…
CPC (TDS) follow up for Registration on TRACES
•
CPC (TDS) has issued an advisory communications to the deductors in which it has stated that the deductors…
CBDT circular on calculation of TDS on salary for FY 2014-15
•
CBDT has released Circular no. 17/2014 which contains the rates of deduction of income-tax from the payment of income…
