Unused tax paid in a challan can be used in the remaining quarters of the current financial year and can also be carried forward to…
View More Unused Challan value can be used for future quarters / financial yearsMonth: July 2018
Popular reasons for shifting out from outsourcing to preparing TDS Returns in-house
Based on a sample survey of around 100 organizations that shifted out of outsourcing, some of the popularly cited reasons included the following: Receiving a…
View More Popular reasons for shifting out from outsourcing to preparing TDS Returns in-houseDo’s & Dont’s for TDS Returns
Given below are some dos and don’t for the filing of TDS returns: Dos Ensure that TDS return is filed with the same TAN against…
View More Do’s & Dont’s for TDS ReturnsWhen and How to claim TDS Refund
In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount…
View More When and How to claim TDS Refund
Know your PAN Structure Meaning of PAN digits
Structure of the new series of PAN: The Permanent Account Number under new series is based on following constant permanent parameters of a taxpayer and…
View More Know your PAN Structure Meaning of PAN digitsFAQ on TDS/TCS Credit
What is view TDS / TCS credit? This is a facility which can be availed by deductor in order to verify whether the PANs for…
View More FAQ on TDS/TCS CreditTDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)
TDS RATE CHART FY: 2018-19 (AY: 2019-20) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)Guidelines 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 employer 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 TDS