Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it…
View More Points to remember regarding TDS statementCategory: TDS certificates
TDS Certificates
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…
View More Useful guidelines to avoid common mistakes while submitting TDS StatementsSynopsis of changes – File Validation Utility (FVU) Ver. 6.2
FVU Ver. 6.2 has been released on 12th May 2019. This FVU is primarily based on the new changes in Annexure II (Salary Details) of…
View More Synopsis of changes – File Validation Utility (FVU) Ver. 6.2Major Changes in Salary TDS Returns – Form 24Q
Recently vide its Notification No. 36/2019 by the Income Tax Department has substantially modified the format of Part B of Form 16 (Salary TDS Certificate…
View More Major Changes in Salary TDS Returns – Form 24QHealthy Practices for Error-Free TDS Returns
Healthy practices for error-free TDS returns has been given below:Â Deduction/ Collection of Tax at Correct Rates. Timely Deposit of Tax Deducted at Source. Accurate…
View More Healthy Practices for Error-Free TDS ReturnsFVU 6.2 & FVU 2.158 released by NSDL
The Income Tax Department has released on 12th May 2019, the following new File Validation Utilities: FVU version 6.2 – For statement pertaining to FY…
View More FVU 6.2 & FVU 2.158 released by NSDLTDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)
 TDS RATE CHART FY: 2019-20 (AY: 2020-21) Section Nature of Payment Threshold Indv/ HUF Others   Rs. TDS Rate (%) 192 Salaries …
View More TDS & TCS Rate Chart (FY: 2019-20 / AY: 2020-21)TDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial Year
From Financial Year 2013-14 (AY: 2014-15), while preparing the employee details to file TDS Returns (Form 24Q) in the 4th quarter (Jan-Mar), a provision has…
View More TDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial YearTDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial Year
From Financial Year 2013-14 (AY: 2014-15), while preparing the employee details to file TDS Returns (Form 24Q) in the 4th quarter (Jan-Mar), a provision has…
View More TDS Returns – Employee details to have breakup of earnings from current employer and previous employers during the Financial YearEmployers 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 return