The CBDT has notified the format and procedure for the taxman and taxpayers to usher in an ambitious pilot project of using emails as the new mode of communication between the two sides, as part of the government’s bid to reduce grievances of the tax-paying public. An official notification has been issued which spells out…
Keeping its tradition, TDSMAN is one of the first to have released the version for FY: 2016-17. This will serve its users for the following: All TDS Returns for FY: 2016-17 TDS Returns for Quarter 4-FY: 2015-16 Pending TDS Returns of earlier years, if any Rectification of TDS Defaults TDSMAN is packaged with advanced corrective and…
7 February 2016 – Due date for deposit of Tax deducted/collected for the month of January, 2016. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan 7 February 2016 –…
CPC (TDS) has released a follow up communication to all deductors regarding Defaults in Quarterly TDS return exceeding Rs. 1 Crore from FY 2007-08 to Q2, FY 2015-16. The released communication has been given below: Date of communication: 23/01/2016 Dear Deductor (TAN XXXXXXXXX) Centralized Processing Centre (TDS) has observed from its records that as on 21st…
Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous statement In a correction statement, verification keys from challan data should match with the corresponding fields in regular statement Verification keys for Non Nil Statement-Last transfer voucher number, Last Bank-Branch…