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 NSDLCategory: TDS certificates
TDS Certificates
Key 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 4.9Basic duties of the person who is liable to deduct tax at source
Following are the basic duties of the person who is liable to deduct tax at source: He shall obtain Tax Deduction Account Number and quote…
View More Basic duties of the person who is liable to deduct tax at sourceSimplification of procedure for Form No.15G & 15H -regarding
F. No.: DGIT(S)/CPC(TDS)/DCIT/15GH /2015-16/14425-556 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 4/2015 New Delhi,…
View More Simplification of procedure for Form No.15G & 15H -regardingDue Dates for December 2015
7 December 2015 – Due date for deposit of Tax deducted/collected for the month of November, 2015. However, all sum deducted/collected by an office of…
View More Due Dates for December 2015Different matching statuses in Form 16 / Form 16A
Following are different matching statuses in Form 16 / Form 16A: U-Unmatched (Deductor has not deposited taxes or has furnished incorrect particulars of tax payment.…
View More Different matching statuses in Form 16 / Form 16AFrequently 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 deductorDo not share personal data over phone, email: I-T dept to taxpayers
The Income Tax department on Tuesday issued an advisory asking taxpayers not to share their personal financial details over email or phone and urged them…
View More Do not share personal data over phone, email: I-T dept to taxpayers