Indeed, a great privilege for Team TDSMAN as our mother organization ‘PDS Infotech (P) Ltd. has been adjudged the ‘Tech Topper’ by The Economics Times,…
View More PDS Infotech (P) Ltd – adjudged Tech Topper (The Economics Times, Kolkata)Month: September 2020
Filing of TDS / TCS Return Online using Aadhaar
One can file TDS / TCS Returns (both Regular & Correction Statements) through the Income Tax e-Filing portal through Aadhaar authentication. Pre-requisites • TAN has…
View More Filing of TDS / TCS Return Online using AadhaarProcedure of preparing e-Returns for TDS / TCS
E-Returns for TDS / TCS was first introduced in 2002-03 and it has come a long way ever since. Currently, less than 1% are still…
View More Procedure of preparing e-Returns for TDS / TCSDifference between Late Payment & Late Deduction
The difference between late payment and late deduction: Late payment: After the tax is deducted at source it has to be deposited into the government…
View More Difference between Late Payment & Late Deduction197 Certificate – Rationale, Brief Analysis & Validation
What is 197 Certificate? The section 197 of Income Tax Act, 1961 provides the facility of non-deduction or lower deduction of tax. The assessee whose…
View More 197 Certificate – Rationale, Brief Analysis & ValidationTCS on sale of goods – Amendment from 1st October 2020
In the Finance Act 2020, a new sub section has been added which is vide Section 206C (1H) to give effect to the Tax collected…
View More TCS on sale of goods – Amendment from 1st October 2020Points to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it…
View More Points to remember regarding TDS statementSpecial Discount on TDSMAN (FY: 2020-21)
Now you can prepare TDS Returns for all quarters of the next FY: 20-21 It covers: ✔ All TDS Returns for FY: 2020-21 ✔ All…
View More Special Discount on TDSMAN (FY: 2020-21)Online TDS/TCS/Demand Payment using Challan ITNS 281
Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan…
View More Online TDS/TCS/Demand Payment using Challan ITNS 281Form 26A/27BA – Rationale and Brief Analysis
What is Form 26A/27BA? As per Notification No. 11/2016 and 12/2016 a procedure for furnishing and verification of Form 26A/27BA is introduced for removing of…
View More Form 26A/27BA – Rationale and Brief Analysis