Keeping its tradition, TDSMAN is one of the first to have released the version for FY:2015-16. This will serve its users for the following:Â All…
View More TDSMAN (FY:2015-16) released -avail Early Bird offerMonth: February 2015
Charges collected for late filing of TDS return is a fees and not a tax
The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is sought to be levied…
View More Charges collected for late filing of TDS return is a fees and not a taxExpense before 1.4.2013 shall be disallowed if TDS not deducted
Recently in Thomas George Muthoot vs. Assistant Commissioner of Income Tax, it was held that the assessee partner shall deduct TDS on the interest amount…
View More Expense before 1.4.2013 shall be disallowed if TDS not deductedLate Filing Fee u/s 234E – Judicial Interpretation – Hon’ble High Court of Bombay – February 6, 2015
Dear Deductor, Section 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for…
View More Late Filing Fee u/s 234E – Judicial Interpretation – Hon’ble High Court of Bombay – February 6, 2015CPC (TDS) follow-up for payment of outstanding Late Filing Fee u/s 234E
CPC (TDS) has issued a follow up communication for the payment of outstanding late etds filling fees u/s 234E. In the communiation, CPC (TDS) has…
View More CPC (TDS) follow-up for payment of outstanding Late Filing Fee u/s 234ECPC (TDS) communication: TDS Defaults exist in all Six preceding Quarters, “No Correction TDS Statement filed as yet”
As per the records of the Centralized Processing Cell (TDS), there exist outstanding Defaults in “all six preceeding Quarters” with respect to the TDS Statements…
View More CPC (TDS) communication: TDS Defaults exist in all Six preceding Quarters, “No Correction TDS Statement filed as yet”CPC (TDS) reminder to Deductors: Statement filed during Q1 FY 2013-14 to Q2 FY 2014-15, TDS certificates not downloaded for any of the Quarters
CPC (TDS) has issued a reminder communication to deductors in which it has stated about the downloading of TDS certificates. According to CPC (TDS), TDS…
View More CPC (TDS) reminder to Deductors: Statement filed during Q1 FY 2013-14 to Q2 FY 2014-15, TDS certificates not downloaded for any of the QuartersCPC (TDS) Advisory to Deductor for Closure of Late Payment Interest defaults in Quarterly TDS Statements
CPC (TDS) has issued an advisory communication in which it has stated about the closure of late payment interest defaults in quarterly TDS Statements. It…
View More CPC (TDS) Advisory to Deductor for Closure of Late Payment Interest defaults in Quarterly TDS StatementsSec. 234E Fine For Late Filing Of TDS Returns is constitutionally valid: Bombay HC
Rashmikant Kundalia vs. UOI (Bombay High Court), WRIT PETITION NO.771 OF 2014, Pronounced On : 9th February, 2015 Petitioners have challenged the constitutional validity of…
View More Sec. 234E Fine For Late Filing Of TDS Returns is constitutionally valid: Bombay HCPrivacy of taxpayer must be respected: CBDT
SECTION 138 OF THE INCOME-TAX ACT, 1961 – DISCLOSURE OF INFORMATION RESPECTING ASSESSEES TO SPECIFIED OFFICER, AUTHORITY OR BODY PERFORMING FUNCTIONS UNDER ANY OTHER LAW…
View More Privacy of taxpayer must be respected: CBDT