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Month: September 2016

CPC Defaults in Quarterly TDS Statements exceeding Rs.10 Crore from FY 2007-08 to Q1, FY 2016-17

CPC (TDS) has issued a communication regarding outstanding defaults in quarterly TDS returns exceeding Rs.10 Crore from Financial Year 2007-08 to Quarter 1, Financial Year…

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Closure of defaults in Quarterly TDS Statements from FY 2007-08 to FY 2016-17 Q1

CPC (TDS) has issued a reminder communication to the banks regarding closure of defaults in quarterly TDS Statements from Financial Year 2007-08 to Financial Year…

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CBDT Extends due date for filing of Income Tax Returns

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes   New Delhi, 9th September, 2016   Press Release Sub :-…

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CBDT relaxes rules for TDS claims by non-resident companies

Non-resident investors who do not provide permanent account number will no longer have to face higher tax deduction at source. The income tax department has…

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CBDT amends TDS and TCS related certain rules

Background Recently, the Central Board of Direct Taxes (CBDT) has issued a Notification amending Income-tax Rules, 1962 (the Rules) with respect to Tax Deducted at…

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Advisory for taxpayers

Check your 26AS Tax credit statement regularly! 26AS statement contains tax credits available to taxpayer for claim in Income Tax Return along with information on…

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Extension of due date for quarterly furnishing of 15G and 15H declaration

F.No. DGIT(S)/CPC(TDS)/DCIT/15GH /2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 10/2016 New Delhi, 31st…

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