Given below are some do’s and don’t for filing of TDS returns: Do’s Ensure that TDS return is filed with same TAN against which TDS…
View More Do’s & Dont’s for TDS ReturnsCategory: TCS certificates
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 ComplianceDue Dates for January 2016
7 January 2016 – Due date for deposit of Tax deducted/collected for the month of December, 2015. However, all sum deducted/collected by an office of…
View More Due Dates for January 2016TDS Compliance for 3rd Quarter of FY: 2015-16
Last date for payment of tax deductions for December 2015 –Â 7th January, 2016 Last date for filing of TDS returns for Q3 of FY: 2015-16…
View More TDS Compliance for 3rd Quarter of FY: 2015-16TDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145
TDSMAN has been updated for the following newly released File Validation Utilities: FVU ver. 4.9-For Statements pertaining to FY 2010-11 onwards. FVU ver. 2.145-For Statements…
View More TDSMAN updated with FVU ver. 4.9 & FVU ver. 2.145FVU 4.9 and FVU 2.145 released by NSDL
The Income Tax Department has released the following new File Validation Utilities: FVU version 4.9-For statement pertaining to FY 2010-11 onwards. FVU version 2.145-For statement…
View More FVU 4.9 and FVU 2.145 released by NSDLKey Features -File Validation Utility (FVU) version 2.145
Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) has…
View More Key Features -File Validation Utility (FVU) version 2.145Key Features -File Validation Utility (FVU) version 4.9
Remark B is made applicable for Section code 194DA for Form 26Q, FY 2015-16, Q3 onwards. Addition of challan (i.e. C9 correction) in correction statements:Â …
View More Key Features -File Validation Utility (FVU) version 4.9Frequently Asked Questions (FAQ) on Form 16/16A
What is Form 16 / 16A? It is the certificate of deduction of tax at source by any person in accordance with Chapter XVII-B of…
View More Frequently Asked Questions (FAQ) on Form 16/16AThe taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor
Background Recently, the Delhi High Court (High Court) in the case of Relcom1 (the taxpayer) held that the taxpayer is entitled to the credit of…
View More The taxpayer is entitled to TDS credit of its sister concern appearing in its Form 26AS due to an inadvertent error of a deductor