CPC (TDS) has observed from its records that there are outstanding Short Payment Defaults with respect to TDS Statements filed by deductors. Â The Short Payment…
View More CPC (TDS) follow up for closing Short Payment Default due to Insufficient ChallansCategory: TDS certificates
TDS Certificates
Basic principles of TDS Compliance
Given below 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 ComplianceSignificant change in processing of Quarterly TDS Statements
CPC (TDS) has issued a communication to deductors in which it has stated about a significant change in processing of Quarterly TDS Statements. The central…
View More Significant change in processing of Quarterly TDS StatementsImpact & action to be taken in case of PANs either “Not Available” or “Invalid” in Quarterly TDS statements
Centralized Processing Cell (TDS) has observed from its records that though deductors have reported deductees with more than Rs. 50,000 of TDS in Quarterly TDS…
View More Impact & action to be taken in case of PANs either “Not Available” or “Invalid” in Quarterly TDS statementsTDS/TCS Compliance for 3rd Quarter of FY: 2014-15
The TDS/TCS Compliance for 3rd Quarter of FY: 2014-15 has been given below: Last date for payment of tax deductions for December 2014 – 7th…
View More TDS/TCS Compliance for 3rd Quarter of FY: 2014-15Top Queries related to Online Correction
Can BIN details be corrected through online correction? Yes, BIN details in the statement can be corrected through “Challan Correction” option under ‘Unmatched Challan’ header.…
View More Top Queries related to Online CorrectionCPC (TDS) advisory for use of Digital Signatures on TRACES
CPC (TDS) has issued an advisory communication in which it has stated about the release of a new feature on TRACES where a Digital Signature…
View More CPC (TDS) advisory for use of Digital Signatures on TRACESTDSMAN updated with FVU ver. 4.5 & FVU ver. 2.141
TDSMAN software has been updated for the newly released File Validation Utilities (FVU ver. 4.5 and FVU ver. 2.141). All licensed and trial users are…
View More TDSMAN updated with FVU ver. 4.5 & FVU ver. 2.141FVU 4.5 and FVU 2.141 released by NSDL
The Income Tax Department has released the following new File Validation Utilities on 20th December 2014:Â FVU version 4.5-For Statements pertaining to FY 2010-11 onwards.…
View More FVU 4.5 and FVU 2.141 released by NSDLKey features of FVU version 4.5
Incorporation of section 194LBA (Certain income from units of a business trust): Section 194LBA is applicable for Form no. 26Q and 27Q Section 194LBA is…
View More Key features of FVU version 4.5