Following are some useful guidelines to avoid common mistakes, while submitting TDS return: Incorrect reporting of 197 Certificates: Please refer to the following guidelines for…
View More Guidelines to avoid common mistakes while submitting TDS StatementsCategory: TCS
Tax Collected at Source
TDS Compliance for 3rd Quarter of FY: 2015-16
Last date for payment of tax deductions for December 2015 –Â 7th January, 2016 Last date for filing of TDS returns for Q3 of FY: 2015-16…
View More TDS Compliance for 3rd Quarter of FY: 2015-16Payment 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’sTDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 4.9-For Statements pertaining to FY 2010-11 onwards. FVU ver. 2.145-For Statements…
View More TDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145FVU 4.9 and FVU 2.145 released by NSDL
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.9-For statement pertaining to FY 2010-11 onwards. FVU version 2.145-For statement…
View More FVU 4.9 and FVU 2.145 released by NSDLKey Features -File Validation Utility (FVU) version 2.145
Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has…
View More Key Features -File Validation Utility (FVU) version 2.145Key Features -File Validation Utility (FVU) version 4.9
Remark B is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards. Addition of challan (i.e. C9 correction) in correction statements:Â …
View More Key Features -File Validation Utility (FVU) version 4.9CBDT extends due date for payment of TDS/TCS for Tamil Nadu
CBDT has extended the due date for deposit of tax deducted at source (TDS) and tax collected at source (TCS) during the month of November…
View More CBDT extends due date for payment of TDS/TCS for Tamil NaduGuidelines for an employer to deduct TDS and issue Form16
Following are the guidelines for an employer to deduct TDS and issue Form 16: Make mandatory for all the employees to declare previous salary, investment…
View More Guidelines for an employer to deduct TDS and issue Form16Different matching statuses in Form 16 / Form 16A
Following are different matching statuses in Form 16 / Form 16A: U-Unmatched (Deductor has not deposited taxes or has furnished incorrect particulars of tax payment.…
View More Different matching statuses in Form 16 / Form 16A