TDSMAN software now enables deductors to check defaults across all previous returns at a glance through its View Default Summary module. WATCH VIDEO PRESENTATION Now…
View More Check Defaults of all previous returns at a glanceCategory: TCS
Tax Collected at Source
Important Due Dates for the month of August 2015
7 August 2015 – Due date for deposit of Tax deducted/collected for the month of July, 2015 15 August 2015 – Quarterly TDS certificate (in…
View More Important Due Dates for the month of August 2015Deposit TDS by 7th August, 2015 for tax deducted during July 2015
The due date for payment of TDS deducted during July 2015 is 7th August, 2015 Please Note: For delayed payments, interest @ 1.5 for each…
View More Deposit TDS by 7th August, 2015 for tax deducted during July 2015Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards
CPC(TDS) reminder communication to banks regarding closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwards. The issued communication has been given below:…
View More Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 onwardsCPC (TDS) thanks deductors for availing Online Correction facility at TRACES
CPC (TDS) has issued a communication in which it has thanked deductors for promptly availing the Online Correction facility at TRACES on receipt of Intermediate Defaults Communication. …
View More CPC (TDS) thanks deductors for availing Online Correction facility at TRACESReasons for rejection of correction statement by TDSCPC
Following are the common reasons for rejecting a correction statement: TAN is not valid as per data at TDSCPC Statement corresponding to regular token number…
View More Reasons for rejection of correction statement by TDSCPCProcessing of statements might take 7 to 10 working days from date of filing
The following information has been displayed on TRACES website: Considering peak statement filing time, processing of statements might take 7 to 10 working days from…
View More Processing of statements might take 7 to 10 working days from date of filingAvoiding defaults in the TDS statements
One can avoid defaults in the TDS statements, by way of adherence to the following basic principles: Timely Payment of total taxes deducted/ collected Correct…
View More Avoiding defaults in the TDS statementsPoints to remember before filing the quarterly TDS statement
Given below are the points one should remember before filing quarterly TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly,…
View More Points to remember before filing the quarterly TDS statementTDS and TCS Rates Chart for F.Y. 2015-16
The TDS and TCS rates chart for the financial year 2015-16 has been given below: TDS rates for F.Y. 2015-16 Nature of Payment Made To Residents…
View More TDS and TCS Rates Chart for F.Y. 2015-16