Q1. Who is responsible to deduct tax u/s 194H? Ans. Any person, (other than individual or a Hindu undivided family) who is responsible for paying, to…
View More FAQ on Section 194H – TDS from Commission and BrokerageCategory: TDS certificates
TDS Certificates
Late filing of TDS return – Penalties, Prosecution & Interest Calculation
The various provisions of TDS are statutorily required to be strictly complied with. Any default in compliance can attract, levy of interest, penalty and in…
View More Late filing of TDS return – Penalties, Prosecution & Interest CalculationPoints to remember while filing TDS statements for 4th Quarter of FY: 2013-14
One should take care of the following information before submitting TDS return for 4th Quarter of Financial Year 2013-14 Payment of Taxes deducted/ collected: In accordance…
View More Points to remember while filing TDS statements for 4th Quarter of FY: 2013-14Important due dates of eTDS and eTCS returns
Important due dates in the month of March 2014 has been given below: Due date to deposit tax deducted (TDS) in March 2014 – 30.04.2014 eTDS…
View More Important due dates of eTDS and eTCS returnsNil TDS Statement / Declaration – Overview
TRACES introduced NIL TDS Statement/Declaration of TDS from the FY 2014-15. This is applicable for Deductors who did not deduct any tax during the relevant…
View More Nil TDS Statement / Declaration – OverviewProcedure of Converting Form 26AS text file to excel file
Form 26AS is most important document for tax payers as it is a tax payment and deduction ledger for them. It shows Tax deducted /collected…
View More Procedure of Converting Form 26AS text file to excel fileCorrection of TDS challan without digital signature
Deductors can correct two type of errors online after registration of digital signature. 1. Online correction of challan. 2. Online correction of PAN. Now TDSCPC…
View More Correction of TDS challan without digital signatureImportant password formats for tax deductors and tax payers
The below table contains the password formats of various informations available in TRACES website which are important for both tax deductors and tax payers. Functionality…
View More Important password formats for tax deductors and tax payersFile correct details in TDS return in respect of Form 15G/ 15H
Sometimes it has been observed that Flag B is not being raised for 15G/ H Forms in quarterly TDS Statements filed. The prevalent practice is…
View More File correct details in TDS return in respect of Form 15G/ 15HDue date to pay Advance Tax extended till 18th March 2014
The due date of payment of the march instalment of advance tax extended from 15th march 2014 to 18th march 2014 The final instalment of…
View More Due date to pay Advance Tax extended till 18th March 2014