National Securities Depository Ltd.
Depository for equity market in India
Post Union Budget 2012-13 TDS Rates for financial year (FY) 2012-13 and assessment year (AY) 2013-14 The Rate Chart for the Financial Year 2012-13 i.e. Assessment Year 2013-14 is tabulated below: TDS Rates Chart Financial Year 2012-13 (Assessment Year 13-14) Sl. No. Section Of Act Nature of Payment in brief Cut Off Amount Rate % …
New File Validation Utilities – FVU 3.4 & 2.132 has been released pertaining to validation of eTDS & eTCS returns. FVU 3.4 will be applicable for quarterly TDS / TCS statements pertaining to FY 2010-11 onwards & FVU 2.132 will be applicable for quarterly TDS / TCS statements pertaining up to FY 2009-10. Key features of File Validation Utility…
Every person who is required to deduct or collect tax at source on any of the specified payments, needs to apply for allotment of Tax Dedication and Collection Account Number (TAN). TAN should be quoted on all TDS/TCS Challans, Certificate, Statement and Return. [Section 203A] How to Apply As per rule 114, application for allotment…
As per data provide by the Income Tax Dept., NSDL has recently published the “Software vendorwise percentage of correction TDS/TCS statements accepted and rejected at TIN” which proves TDSMAN (PDS Infotech) to be one of the most accurate & reliable eTDS Software with top acceptance percentage. The data shows an Acceptance of 95% & Rejection of…
Now, a good facility has been added by TIN center under TAN Registration. List of invalid PAN’s can be downloaded after login thorugh TAN Registration. You will get the option for download of list of Invalid PAN’s under the menu “TDS/TCS”. Secondly, it is clearly displayed in the screen how many Defaults are available in…
Tax Information Network (TIN) has always been providing various facilities to deductors. One such facility provided under TIN is authenticated login (TAN account) provided to deductors/collectors at TIN website. Under this login, following functions are provided: Online request of consolidated TDS/TCS file: Useful for preparation of correction statement. Online generation of Form 16A for valid…
New File Validation Utilities – FVU 3.3 & 2.131 has been released, which will be mandatorily applicable from February 01, 2012. FVU 3.3 will be applicable for quarterly TDS / TCS statements pertaining to FY 2010-11 onwards and will be mandatory with effect from February 01, 2012. FVU 2.131 will be applicable for quarterly TDS /…
We are always worried about the fact that whether our TDS deductor / collector has filed quarterly TDS/TCS statement and provided our PAN while filing the TDS/TCS return. NSDL has recently launched a facility to enable deductee to know whether or not his TDS deductor/collector has filed quarterly TDS/TCS statement and provided his PAN while…
A Deductor can confirm the status of uploaded eTDS / eTCS return from the below link. There is no need of any Certificate Number or Registration or Sign Up etc. Just fill some information regarding the return and get confirmation of whether it is uploaded or not. https://onlineservices.tin.nsdl.com/TIN/JSP/form16A/LinkToUnauthorizedPanView.jsp The return status can be checked with…
New TDS software will alert about Unmatched challan, Invalid PAN, Challan pending amount. A new RPU version has been released in accordance to these updations. Key features of NSDL Return Preparation Utility (RPU) version 2.6 Unmatched challan: On import of consolidated file in the NSDL RPU (version 2.6), an alert messageStatement contains unmatched challan. The same…