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Tuesday, September 16, 2025

Month: June 2015

Duties of TDS Deductors

Deduct Tax at Correct Rate and deposit in Government Account-Sec 200 Every person responsible for deducting tax at source shall at the time of payment…

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TDSMAN updated with new FVU ver. 4.7 & FVU ver. 2.143

TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.7 and FVU ver. 2.143) All licensed and trial users are…

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FVU 4.7 and FVU 2.143 released by NSDL

The Income Tax Department has released the following new File Validation Utilities: FVU version 4.7-For statement pertaining to FY 2010-11 onwards. FVU version 2.143-For statements…

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Key Features of File Validation Utility (FVU) version 2.143

Remark T (i.e. for transporter transaction and valid PAN is provided) under deductee details (Annexure I) will be applicable from Q3 of FY 2009-10 onwards.…

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Key Features of File Validation Utility (FVU) version 4.7

Incorporation section code 192A and 194LBB: 192A & 194LBB have been added for below forms which will be applicable for statements pertain to FY 2015-16…

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TDS/TCS Compliance for 1st Quarter of FY: 2015-16

The TDS/TCS Compliance for 1st Quarter of FY: 2015-16 has been given below: Last date for payment of tax deductions for June 2015 – 7th…

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Important steps with respect to payment of taxes

Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for tax…

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Reasons for rejection of correction statement by TDSCPC

Following are the common reasons for rejecting a correction statement: TAN is not valid as per data at TDSCPC Statement corresponding to regular token number…

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New version of RPU and FVU for TDS/TCS returns to be released by 19th June, 2015

It is proposed to release new version of NSDL e-Gov TDS/TCS-Return Preparation Utility (RPU) and File Validation Utility (FVU) tentatively on 19th June, 2015. Details…

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List of TDS Defaulters compiled by Income Tax Department

Income Tax Department has compiled the list of all TDS Defaulters. List of TDS Defaulters includes: TDS return filed but deducted amount not deposited TDS…

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