What is view TDS / TCS credit? This is a facility which can be availed by deductor in order to verify whether the PANs for…
View More FAQ on TDS/TCS CreditCategory: TCS
Tax Collected at Source
TDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)
TDS RATE CHART FY: 2018-19 (AY: 2019-20) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)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 TDSPayment 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’sTDS / TCS Compliances for July 2018
Please note the TDS/TCS Compliance dates for July 2018 as under: 7th July – last date for TDS payment for deductions during June 7th July – last…
View More TDS / TCS Compliances for July 2018TDSMAN updated with FVU ver. 5.8 & FVU ver. 2.154
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.8 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.154 –…
View More TDSMAN updated with FVU ver. 5.8 & FVU ver. 2.154Key Features – File Validation Utility (FVU) version 5.8 & 2.154
File Validation Utility (FVU) version 5.8 A new column for “Deduction under Section 16 (ia)” is added under Annexure II (i.e. Salary details) for Form…
View More Key Features – File Validation Utility (FVU) version 5.8 & 2.154Important Guidelines for payment towards liability on account of Tax Deducted / Collected at Source
Given below are some relevant guidelines related to payment of TDS/ TCS liability: A. Central Government Account (Receipts and Payments) Rules, 1983: Date of Receipt…
View More Important Guidelines for payment towards liability on account of Tax Deducted / Collected at SourceConsequences of TDS defaults
Failure to deduct taxes or wrong deduction of TDS (non deposit, short deposit or late deposit) : Default/ Failure Section Nature of Demand Quantum of…
View More Consequences of TDS defaultsDue Dates for the month of June 2018
Please note the TDS/TCS Compliance dates for June 2018 as under: 7th June 2018 – Last date for TDS payment for deductions during May 7th…
View More Due Dates for the month of June 2018