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 DeductionCategory: General
Interest 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 TDSInterest 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 TDSInterest 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 TDSTDS on Non-Salary Payments – Good Practices
We are sharing with you some insights on good practices related to tax deductions for non-salary related payments: Based on the type of payment, make…
View More TDS on Non-Salary Payments – Good PracticesPopular 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-houseUnused Challan value can be used for future quarters / financial years
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 yearsCBDT further extends date for filing Income Tax Returns and Audit Reports
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 8th October, 2018 PRESS RELEASE CBDT further extends date…
View More CBDT further extends date for filing Income Tax Returns and Audit ReportsInterest 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 TDSUnused Challan value can be used for future quarters / financial years
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 years