What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of…
View More Frequently Asked Questions (FAQ) on Form 16/16ACategory: TCS
Tax Collected at Source
The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor
Background Recently, the Delhi High Court (High Court) in the case of Relcom1 (the taxpayer) held that the taxpayer is entitled to the credit of…
View More The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductorIssue TDS certificates by 30th October to avoid penalties
Last date for issuance of TDS/TCS certificates for Q2 of FY: 2015-16 is 30th October, 2015 The above is applicable for all other than government…
View More Issue TDS certificates by 30th October to avoid penaltiesImportant information for downloading of TDS Certificates
Given below are some important information regarding downloading of TDS certificates. Refer to the following provisions of the Income Tax Act, 1961: Downloading of TDS…
View More Important information for downloading of TDS CertificatesGuidelines to avoid different types of TDS defaults
Following are some important facts to be adhered to, while submitting TDS statements, to avoid each type of Default:Â Â Late Payment Defaults: The taxes deducted…
View More Guidelines to avoid different types of TDS defaultsDue Dates for the month of October 2015
7 October 2015 –Â Due date for deposit of tax deducted/collected for the month of September, 2015 7 October 2015 –Â Due date for deposit of TDS…
View More Due Dates for the month of October 2015TDSMAN updated with FVU ver. 4.8 & FVU ver. 2.144
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.8 and FVU ver. 2.144). All users are advised to update…
View More TDSMAN updated with FVU ver. 4.8 & FVU ver. 2.144FVU 4.8 and FVU 2.144 released by NSDL
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.8-For statement pertaining to FY 2010-11 onwards. FVU version 2.144-For statement…
View More FVU 4.8 and FVU 2.144 released by NSDLKey Features -File Validation Utility (FVU) version 4.8
1. Section code 192A: In addition to Form no. 26Q, this section will also be applicable for Form no. 27Q where the date of payment…
View More Key Features -File Validation Utility (FVU) version 4.8Important Due Dates for the month of September 2015
7 September 2015 – Due date for deposit of Tax deducted/collected for the month of August, 2015 15 September 2015 – First instalment (in the…
View More Important Due Dates for the month of September 2015