Month: May 2019
Points to remember regarding TDS statement
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Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee…
Useful guidelines to avoid common mistakes while submitting TDS Statements
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Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to…
Synopsis of changes – File Validation Utility (FVU) Ver. 6.2
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FVU Ver. 6.2 has been released on 12th May 2019. This FVU is primarily based on the new…
Major Changes in Salary TDS Returns – Form 24Q
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Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part…
Healthy Practices for Error-Free TDS Returns
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Healthy practices for error-free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely…
FVU 6.2 & FVU 2.158 released by NSDL
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The Income Tax Department has released on 12th May 2019, the following new File Validation Utilities: FVU version…
Key Features – File Validation Utility (FVU) version 6.2 & 2.158
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File Validation Utility (FVU) version 6.2 Changes in FVU validations based on new changes in Annexure II (Salary…
TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)
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TDS RATE CHART FY: 2019-20 (AY: 2020-21) Section Nature of Payment Threshold Indv/ HUF Others …
TCS Return – Last Date 15th May
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15th May is the last date for filing TCS Returns for FY:18-19, Quarter 4. Typically TCS is applicable…
Basic duties of the person who is liable to deduct tax at source
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Following are the basic duties of the person who is liable to deduct tax at source: He shall…