Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he…
View More Key feature of FVU version 2.137Category: TCS
Tax Collected at Source
Key feature of FVU version 4.1
Deletion of deductee record: Feature to delete the deductee record has been discontinued. In case the user wishes to nullify a deductee record/ transaction, he…
View More Key feature of FVU version 4.1Deferred Tax Liability on Special Reserve created u/s. 36(1)(vii) of the Income Tax Act, 1961
The Income Tax Department has issued a circular regarding Deferred Tax Liability on special reserves created section 36(1)(vii) of the Income Tax Act which is…
View More Deferred Tax Liability on Special Reserve created u/s. 36(1)(vii) of the Income Tax Act, 1961Clarification by TRACES on Challan Date
TRACES department has issued the following letter to all the deductors: Dear Deductor, Greetings from Centralized Processing Cell of TDS! Your attention is drawn towards…
View More Clarification by TRACES on Challan DateDocument on which PAN required to be quoted
PAN should be quoted on all: Income-tax / TDS / TCS Returns, Correspondence with tax department, Tax challans, Correspondence, bills, vouchers and other documents which…
View More Document on which PAN required to be quotedThings to be done on receipt of demand notice u/s 234E Late Filing
What should One do on receipt of demand notice u/s 234E Late Filing? The default amount will have to be deposited through challan no. 281.…
View More Things to be done on receipt of demand notice u/s 234E Late FilingHow will transactions of more than one buyer/seller be filed in Form 26QB – TDS on immovable property?
1)How many Form no: 26 QB should be filled online if Immovable Property is purchased by two buyers from two sellers i.e. one sale deed…
View More How will transactions of more than one buyer/seller be filed in Form 26QB – TDS on immovable property?Procedure for filing eTDS/TCS Returns with Insufficient Deductee PAN
Finance Act, 2003 amended section 206 of Income Tax Act, 1961 to make it mandatory for corporate deductors to furnish their TDS returns in electronic…
View More Procedure for filing eTDS/TCS Returns with Insufficient Deductee PANTDS on Income from Pension for Asstt. Year 2014-15
In the case of pensioners who receive their pension from a nationalized bank, the instructions contained in this circular shall apply in the same manner…
View More TDS on Income from Pension for Asstt. Year 2014-15Online request for refund of excess TDS deposited
Form 26B for online request for refund of excess TDS deposited has been enabled on TRACES. To apply online, please login to TRACES After Logging,…
View More Online request for refund of excess TDS deposited