CBDT has vide notification no. 30/2016 dated 29-04-2016 has revised the due date for filing TDS Returns for Government and Non-Government Deductors w.e.f 1st June, 2016. The New Dates for TDS Return filing effective from FY: 2016-17 is as under: Sl. No. Date of ending of quarter of financial year Due date w.e.f 01.06.2016 for Government and Non-Government Deductors 1. 30th June…
Background The Income-tax Act, 1961 (the Act) provides exemption from tax in respect of allowances granted by an employer to its employees in order to meet specific expenses to the extent actually incurred. In case the allowances are not spent for the specific purposes or are not fully spent, then such unspent portion is taxable…
Date of communication: 26/05/2016 Dear Deductor,(TAN: XXXXXXXXXXXX) The Centralized Processing Cell (TDS) has provided an integrated platform for taxpayers, deductors & assessing officer. The objective of the functionality is to provide the taxpaying citizen to report missing TDS credits in their 26AS account directly to the deductors and assessing officers for its quick resolution. As…
W. e. f. June 1, 2016, the PAN application fees have been revised as under: For dispatch of PAN card in India:- 107 (inclusive of service tax) For dispatch of PAN card outside India: – 994 (inclusive of service tax)