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…
View More Last date for filing of TDS returns for Q1, FY:2016-17 – 31st July, 2016Month: July 2016
TDS and TCS Rates for FY: 2016-17 (Domestic)
TDS Rates for FY: 2016-17 (Domestic) Nature of Payment Made To Residents Threshold(Rs.) Company / Firm / Co-operative Society / Local Authority Individual / HUF…
View More TDS and TCS Rates for FY: 2016-17 (Domestic)Procedure for online submission of TDS and TCS statement
Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 6/2016 New Delhi, 4th May, 2016 Procedure…
View More Procedure for online submission of TDS and TCS statementGuidelines for an employer to deduct TDS and issue Form 16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment…
View More Guidelines for an employer to deduct TDS and issue Form 16Statutory provisions attracted on failure to deposit tax in government account after deduction
Where the employee has deducted the tax at source but failed to deposit wholly or partly, the tax so deducted in government account, the following…
View More Statutory provisions attracted on failure to deposit tax in government account after deductionInterest on Late Payment of TDS
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to…
View More Interest on Late Payment of TDSPayment of taxes -Do’s & Dont’s
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…
View More Payment of taxes -Do’s & Dont’sFAQ on Late TDS payment
What is the Late payment interest? When deductor deposits the TDS after due date of deposit, it is a case of late payment and interest…
View More FAQ on Late TDS paymentBasic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote…
View More Basic duties of the person who is liable to deduct tax at source