All tax deductions for September 2018 need to be deposited latest by 7th October 2018. Filing of TDS Returns for the quarter ended September 2018…
View More TDS Compliances for the month of October 2018Category: TCS
Tax Collected at Source
FVU 5.9 & FVU 2.155 released by NSDL
The Income Tax Department has released today (2nd October, 2018), the following new File Validation Utilities: FVU version 5.9Â – For statement pertaining to FY…
View More FVU 5.9 & FVU 2.155 released by NSDLTDSMAN updated with FVU ver. 5.9 & FVU ver. 2.155
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.9Â – For statement pertaining to FY 2010-11 onwards FVU ver. 2.155Â –…
View More TDSMAN updated with FVU ver. 5.9 & FVU ver. 2.155Key Features – File Validation Utility (FVU) version 5.9 & 2.155
Integration of new Encryption certificate into File Validation Utility (FVU) Renewed Encryption certificate with extended validity has been integrated in FVUs. This version of FVU…
View More Key Features – File Validation Utility (FVU) version 5.9 & 2.155FAQ on Form 26AS
What is Form 26AS? It is a form issued under Rule 31AB, wherein the following information in relation to a PAN is published: TDS –…
View More FAQ on Form 26ASSteps for Preparing Correction Returns
Steps: Request for TDS (Consolidated) file from Traces Download requested TDS (Consolidated) file from Traces Upload TDS(Consolidated) file for correction into the software Make corrections…
View More Steps for Preparing Correction ReturnsReasons 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-CPCPayment of taxes -Do’s & Dont’s
Taxpayers, deductors or collectors can pay direct taxes through Authorised Bank branches either physically, through ATM or through internet. Type of Challans to be used for…
View More Payment of taxes -Do’s & Dont’sInterest 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 TDSHealthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below:Â Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate…
View More Healthy Practices for Error-Free TDS Returns