Due date for filing of TDS/TCS returns for Quarter 2 of FY:2014-15 is 15th October 2014. With the introduction of Section 234E, there is now…
View More Last date of filing of TDS/TCS returns for Q2 of FY:2014-15 – 15th October 2014Category: TCS
Tax Collected at Source
Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax Act
CPC (TDS) has issued a communication to banks regarding non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read…
View More Non reporting of 15G/H transaction in contravention of rule 31A (4) of Income Tax Rules read with section 200 of Income Tax ActCPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactions
CPC (TDS) has issued a communication to banks regarding raising of Flag “B” in TDS Quarterly Statements against 15G/H transactions. The issued communication has been…
View More CPC (TDS) reminder to Banks for raising Flag “B” in TDS Quarterly Statements against 15G/H transactionsCBDT – Issue nil TDS certificate to deductor & lower TDS certificate to recipient of income
GOVERNMENT OF INDIA MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 46/2014 New Delhi, 24th September, 2014 In…
View More CBDT – Issue nil TDS certificate to deductor & lower TDS certificate to recipient of incomeExtension of the due date to deposit the tax deducted at source/tax collected at source during the month of September, 2014
The due date to deposit the tax deducted at source/tax collected at source during the month of september, 2014 has been extended from 7th october,…
View More Extension of the due date to deposit the tax deducted at source/tax collected at source during the month of September, 2014CPC (TDS) advisory for closure of Short Payment Defaults using Online Correction facility
CPC (TDS) has issued a advisory communication in which it has recommended deductors that in case there are Short Payment Defaults in their TDS Statements…
View More CPC (TDS) advisory for closure of Short Payment Defaults using Online Correction facilityFVU 4.4 and FVU 2.140 released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 23rd september, 2014: FVU version 4.4 – For Statements pertaining to FY 2010-11…
View More FVU 4.4 and FVU 2.140 released by NSDLKey feature of FVU version 2.140
1. Amount paid/ credited (in deductee details): Value in field Amount paid/ Credited to the deductee in case of Form no. 24Q should be less…
View More Key feature of FVU version 2.140TDS/TCS Compliances for October 2014
1. Last date for payment of tax deductions/collections for September-7th October 2014 2. Last date for filing of TDS/TCS returns for Q2 of F.Y. 2014-15 – 15th…
View More TDS/TCS Compliances for October 2014Duties of person deducting tax at source and rights of tax payers
The duties of person deducting tax at source and the rights of the tax payers has been given below: Duties of person deducting tax at…
View More Duties of person deducting tax at source and rights of tax payers