The PAN of an entity (Central Office, Headquarter etc.), having more than one TAN for its branches, associated with the referenced PAN, can review the…
View More Aggregated TDS ComplianceMonth: May 2024
FVU Errors – T_FV_6351 & T_FV_6354
While preparing the TDS Returns for Salary (Form 24Q – Quarter 4) pertaining to Financial Year 2023-24, many are facing challenges as they are encountering…
View More FVU Errors – T_FV_6351 & T_FV_6354What are the consequences of TDS defaults and non-payment to government?
Failure to deduct tax, deducting less tax, delay in payment of the deducted tax to the Government, makes the deductor an assessee liable to penalty,…
View More What are the consequences of TDS defaults and non-payment to government?Consequences of furnishing wrong statements filing incorrect
With effect from 1 July 2012, failure to file TDS statement within the prescribed time shall make the deductor liable to pay by way of…
View More Consequences of furnishing wrong statements filing incorrectWhat is TRACES?
TRACES (TDS Reconciliation Analysis and Correction Enabling System) is an online platform provided by the Income Tax Department of India. It facilitates the following services…
View More What is TRACES?TDS / TCS Certificates – Due Dates
The different types of TDS / TCS certificates need to be issued on time which is summarized in the table below: Form No. Certificate –…
View More TDS / TCS Certificates – Due DatesImportant resources – Form 24Q-Q4 (TDS on Salary)
With the Old & New Regime option given to employees for computing the income tax, it has become a tricky proposition even for the employers.…
View More Important resources – Form 24Q-Q4 (TDS on Salary)TDS / TCS Compliances Reminder for May 2024
7th May 2024 – Due date for TDS / TCS payment for deductions/collections during April 2024 15th May 2024 – Due date of filing TCS…
View More TDS / TCS Compliances Reminder for May 2024