As part of the initiative in improving liquidity owing to the COVID crisis, it has been announced that TDS / TCS rates for non-salary payments…
View More Reduction in TDS / TCS RatesMonth: December 2020
Steps for requesting Form 16
The procedure for requesting Form 16 from TRACES website has been given below: Since FY:18-19 onwards, the Income Tax department is now providing both Part…
View More Steps for requesting Form 16Interest on Late Deduction of TDS
The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in…
View More Interest on Late Deduction of TDSCompliance for December, 2020
* 7th December – due date for TDS/TCS payment for deductions/collections during November, 2020 * Make sure to do the needful to avoid interest. Interest on Late…
View More Compliance for December, 2020