Please note the TDS/TCS Compliance dates for July 2018 as under: 7th July – last date for TDS payment for deductions during June 7th July – last…
View More TDS / TCS Compliances for July 2018Category: TCS certificates
TDSMAN updated with FVU ver. 5.8 & FVU ver. 2.154
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 5.8 – For statement pertaining to FY 2010-11 onwards FVU ver. 2.154 –…
View More TDSMAN updated with FVU ver. 5.8 & FVU ver. 2.154Key Features – File Validation Utility (FVU) version 5.8 & 2.154
File Validation Utility (FVU) version 5.8 A new column for “Deduction under Section 16 (ia)” is added under Annexure II (i.e. Salary details) for Form…
View More Key Features – File Validation Utility (FVU) version 5.8 & 2.154Due Dates for the month of June 2018
Please note the TDS/TCS Compliance dates for June 2018 as under: 7th June 2018 – Last date for TDS payment for deductions during May 7th…
View More Due Dates for the month of June 2018Fees for Late Filing of TDS Returns
Fees for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees Failure to submit TDS return on time will result in fees on…
View More Fees for Late Filing of TDS ReturnsEmployers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary return
The Finance Act, 2015 had introduced a new section 192(2D) of the Income-tax Act, wherein the employer was obliged to collect the necessary evidence or…
View More Employers required to collect PAN of the lender banks from the employees to claim Interest in House Property in the salary returnTDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)
TDS RATE CHART FY: 2018-19 (AY: 2019-20) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2018-19 / AY: 2019-20)Basic principles of TDS Compliance
The following are the basic principles of TDS compliance: Deduction/ Collection of Tax at Correct Rates Timely Deposit of Tax Deducted at Source Accurate Reporting…
View More Basic principles of TDS ComplianceHealthy Practices for Error-Free TDS Returns
Healthy practices for error – free TDS returns has been given below: Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source.…
View More Healthy Practices for Error-Free TDS ReturnsTDS Compliances for the Month of April 2018
Last date for payment of tax deductions for March 2018 – 30th April, 2018. Filing of TDS Returns for the quarter ended March 2018 (FY:2017-18…
View More TDS Compliances for the Month of April 2018