Circular no. 8/2012 [F.NO. 275/192/2012-IT(B)], DATED 5-10-2012 Reference is invited to Circular No. 05/2011, dated 16-8-2011 whereby the rates of deduction of income-tax from the…
View More Income-tax deduction from salaries under section 192 during the financial year 2012-13Category: TCS
Tax Collected at Source
International Tax TDS on Overseas Commission
After withdrawal of circular No. 786 of 2000, vide CBDT circular 7/2009 there is a lot of confusion in mind of exporters relating to deduction…
View More International Tax TDS on Overseas CommissionNew FVU 3.6 & FVU 2.133 mandatory for eTDS/eTCS return w.e.f.16.10.2012
New File Validation Utilities – FVU 3.6 & 2.133 has been released pertaining to validation of eTDS & eTCS returns and will be exclusively applicable…
View More New FVU 3.6 & FVU 2.133 mandatory for eTDS/eTCS return w.e.f.16.10.2012TDS/TCS Compliances for 2nd Quarter of F.Y. 2012-13
 Last date for payment of tax deductions/collections for September – 7th October, 2012  Last date of filing of TDS/TCS returns for Q2 of F.Y. 2012-13…
View More TDS/TCS Compliances for 2nd Quarter of F.Y. 2012-13Application for PAN New Form 49A from June 2012
Everyone who wants to apply PAN or who is required to apply PAN as per the law of Income Tax shall apply PAN on Application…
View More Application for PAN New Form 49A from June 2012Assessee can claim Refund of TDS paid twice or excess
Since no provision is made in the Act or the Rules for claiming refund of excess TDS deducted with respect to remittance to the foreign…
View More Assessee can claim Refund of TDS paid twice or excessTransfer of PANs Of Non-Resident Assessees
LETTER [F.NO. ADDL. DIT/INTL. TAXATION/2012-13], DATED 19-9-2012 Jurisdiction over non-resident assessee lies with the AOs under administrative control of DGIT (Intl. Tax). It has been…
View More Transfer of PANs Of Non-Resident AssesseesFormat of CA Certificate to Furnish in case of Failure to deduct TDS / TCS
In Budget 2012 CBDT has introduced a provision w.e.f. 01.07.2012 by which a person who has defaulted in payment of TDS / TCS will not…
View More Format of CA Certificate to Furnish in case of Failure to deduct TDS / TCSVerify TDS Deducted, Advance Tax Online Before Income Tax Return Filing
With just two weeks left to file the income tax returns, many taxpayers are busy making their final calculations, visiting their tax consultant and filling…
View More Verify TDS Deducted, Advance Tax Online Before Income Tax Return Filing3 reasons to file e-TDS returns on time
3 reasons to file e-TDS returns on time Effective 1st July 2012, certain amendments in the Finance Bill necessitate that companies file their e-TDS returns…
View More 3 reasons to file e-TDS returns on time