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Thursday, December 25, 2025

Category: TDS return

Key Features -File Validation Utility (FVU) version 2.149

1. Change in the encryption certificate present in the FVUs. Since existing encryption certificate present in FVUs is expiring on November 30, 2016, newly procured…

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Key Features -File Validation Utility (FVU) version 5.3

1. Newly added fields for Form 27Q i.e. Email ID of deductee, Contact number of deductee, Address of deductee in country of residence & Tax Identification Number…

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10 Things about SMS alerts on Salary TDS Deduction

Here are 10 things to know about sms alerts on Salary TDS Deduction: 1) As many as 2.5 crore salaried taxpayers will now receive SMS…

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Various types of defaults that may get generated on 26QB processing

Following are the types of Defaults that may get generated on 26QB processing:- 1.Short Deduction: Short deduction is computed when the rate at which TDS…

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When and How to claim TDS Refund

In case of excess deduction of tax at source, claim of refund of such excess TDS can be made by the deductor. The excess amount…

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Useful guidelines to avoid common mistakes while submitting TDS Statements

Following are some useful guidelines to avoid common mistakes, while submitting TDS Statements and you are requested to go through the following in detail. Incorrect…

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File your TDS Returns (Q2) by 31st October, 2016

LAST DATE OF TDS RETURN FILING FOR QUARTER 2, FY: 2016-17 IS 31st OCTOBER, 2016 With the introduction of Section 234E, there is now a…

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Tips to avoid defaults in TDS Returns

One can avoid defaults in the TDS returns, by way of adherence to the following basic principles:    Timely Payment of total taxes deducted/ collected…

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Healthy 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. Accurate…

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Do’s & Dont’s for TDS Returns

Given below are some dos and dont for filing of TDS returns: Dos Ensure that TDS return is filed with same TAN against which TDS…

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