F. No. 275/25/2020-IT(B) Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes ***** North-Block, New Delhi 3rd April, 2020 Order…
View More COVID 2019 – CBDT extends validity of submission date of Form 15G & 15HCategory: TCS
Tax Collected at Source
COVID 2019 – No change in TDS / TCS payment dates
As per the press note issued by Department of Revenue, Ministry of Finance on 31/03/2020, the following has been mentioned related to TDS & TCS:…
View More COVID 2019 – No change in TDS / TCS payment datesExtension of Nil or Lower TDS/TCS Certificate to 30th June 2020
CBDT vide Notification No. F.No.275/25/2020-IT(B) dated 31st March 2020 has provided relief to the applicants of certificates for lower or nil TDS / TCS, under…
View More Extension of Nil or Lower TDS/TCS Certificate to 30th June 2020
TDS & TCS Rate Chart (FY: 2020-21 / AY: 2021-22)
 TDS RATE CHART FY: 2020-21 (AY: 2021-22) Section Nature of Payment Threshold Indv/ HUF Others   Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2020-21 / AY: 2021-22)Special Discount on TDSMAN (FY: 2020-21)
On popular demand, we are pleased to announce the release of TDSMAN (FY: 2020-21). Now you can prepare TDS Returns for Q4 of FY: 2019-20…
View More Special Discount on TDSMAN (FY: 2020-21)TDS/TCS Return – Online Filing
Steps for filing TDS/ TCS Return online: Step – I The data structure (file format) in which the e-TDS / e-TCS return is to be…
View More TDS/TCS Return – Online FilingReasons to reject the correction in challan detail by TDS-CPC
Rejection reasons pertaining to challan details are as follows: Challan detail record on which correction has been filed does not exist in regular / previous…
View More Reasons to reject the correction in challan detail by TDS-CPCSection 194C – TDS on Transporter
Section 194C of the Income Tax Act, 1961 states that any payment to a transporter is subject to a Tax Deduction at Source (TDS) at…
View More Section 194C – TDS on TransporterInterest 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 TDSOnline TDS/TCS/Demand Payment using Challan ITNS 281
Challan no. ITNS 281 is used by deductors to deposit TDS, TCS and demand payment. Following details are necessary to fill while payment of Challan…
View More Online TDS/TCS/Demand Payment using Challan ITNS 281