TDS Certificates
Nil challans/transfer vouchers with deductee record: Validation as below is applicable: Nil challans/transfer vouchers need to mandatorily have deductee records. In deductee records, flag in the remarks for lower or non-deduction should be A or B (as applicable). This validation will apply for regular and correction statements. Last provisional receipt number to be quoted in regular…
Last date for payment of tax deductions/collections for September – 7th October, 2013 Last date of filing of TDS/TCS returns for Q2 of FY: 2013-14 – 15th October, 2013 Last date for issuance of TDS/TCS certificates for Q2 of FY: 2013-14 – 30th October, 2013
Specified class or classes of persons to be exempted from filing Return of Income [Section 139(1C)]. (1) Under section 139(1), every person has to furnish a return of his income on or before the due date, if his total income exceeds the basic exemption limit. (2) For reducing the compliance burden of small taxpayers, the…
The non-quoting of PAN by deductees in many cases have led to delay in issue of refund on account of problems in the processing of returns of income and in granting credit for tax deducted at source. With a view to strengthening the PAN mechanism, section 206AA provides that any person whose receipts are subject…
From June 2013, purchaser of property with value of Rs 50 lakh and above should deduct 1% TDS at the time of making payment. Here is the guide about making payments of TDS and obtaining form 16B for the buyer and form 26QB for the seller. The TDS payment process and the steps to be…
Deductors are advised that the demand raised in the intimation u/s 200A can be closed only by making the payment and filing the corresponding correction statement.* * This information is as per the notification published on TRACES website.
The due date for payment of TDS deducted/collected during August is 07 September, 2013. Use the TDSMAN Software for smart & convenient filing of your eTDS / eTCS returns on time. Click here to order TDSMAN
Now, you can know the status and default information of the return by visiting the dashboard of your TRACES Account.
INSTRUCTION NO 11/2013, Dated: 27 August, 2013 Subject: Action on Unmatched Challans reflected in Form 26AS-direction of the Honble Delhi HC in the case Court on Its Own Motion vs. UOI & Ors in WP(C) 2659/2012 & WP(C) 5443/2012²- regarding 1. The. Honble Delhi High Court vide its judgement in the case Court On its…
Here is an important judgement of the Honble Rajasthan High Court, in the case of Commissioner of Income Tax (TDS), Jaipur Vs. M/s. Rajasthan Urban Infrastructure [2013 (8) TMI 12-RAJASTHAN HIGH COURT] on following issue: Issue: Whether TDS is to be deducted on the amount of Service Tax charged on professional/ technical fees under Section…