Preparing TDS Returns is a simple process and usually does not require any external assistance. However, it is well advised to follow few practices that…
View More Healthy Practices for Error Free TDS Returns
Category: NSDL
National Securities Depository Ltd.
Depository for equity market in India
TDS Under Section 194J(a) & 194J(b)
The existing section code 194J (i.e. Fees for Professional or Technical Services) has been sub-divided now into two sections, 194J(a) and 194J(b), effective from 7th…
View More TDS Under Section 194J(a) & 194J(b)Significance of the ‘REMARKS’ in TDS Returns
For the different payment types, as per applicability, standard TDS rates are specified. Under certain provisions of the Act, there could be deviation from this…
View More Significance of the ‘REMARKS’ in TDS ReturnsTDS Deduction on EPF Interest (New Rule)
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the…
View More TDS Deduction on EPF Interest (New Rule)TDS / TCS Compliances for May 2025
7th May 2025 – Due date for TDS / TCS payment for deductions / collections during April 2025 15th May – Due date of filing…
View More TDS / TCS Compliances for May 2025TDS / TCS Compliances Reminder for April & May 2025
7th April 2025 – Due date for TCS payment for collections during March 2025 30th April 2025 – Due date for TDS payment for deductions…
View More TDS / TCS Compliances Reminder for April & May 2025Section 194DA – TDS on Maturity Payment in Respect of Life Insurance Policy
Section 194DA of the Income Tax Act mandates the deduction of TDS on maturity proceeds of life insurance policies that are not exempt under Section…
View More Section 194DA – TDS on Maturity Payment in Respect of Life Insurance PolicyPAN 2.0 Receives CCEA Approval
The Cabinet Committee on Economic Affairs (CCEA) has approved the much-awaited PAN 2.0 Project by the Income Tax Department, as announced in the press release…
View More PAN 2.0 Receives CCEA ApprovalNew File Validation Utilities (FVUs) Version 8.8 & 2.184 released on 4th October, 2024
In this updated version changes have an impact only in Form 27Q wherein new ‘Nature of Remittances’ has been included. This is applicable to FY:…
View More New File Validation Utilities (FVUs) Version 8.8 & 2.184 released on 4th October, 2024File your TDS Returns (Q1) by 31st July, 2024
31st July 2024 – Due date of filing TDS Return for Quarter 1 of FY: 2024-2025 TDS / TCS Certificates: 30th July 2024 – Due…
View More File your TDS Returns (Q1) by 31st July, 2024