Make TDS payments for April 2017 by 07/05/2017
Due Date for payment of TDS is 7th May, 2017 for tax deducted during April 2017 Please Note: In case the assessee deposits the TDS…
View More Make TDS payments for April 2017 by 07/05/2017TDS Compliances for May 2017
Please note the TDS Compliance dates for May 2017 as under: 7th May – last date for TDS payment for deductions during April 7th May – last…
View More TDS Compliances for May 2017CPC(TDS) reminder communication to Banks: Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 (Q3)
Date of communication: 19/04/2017 The Principal Officer Name: XXXXXXX TAN: XXXXXXXXXXXX Please refer to the earlier CPC(TDS) Communication regarding defaults in TDS Statements for different…
View More CPC(TDS) reminder communication to Banks: Closure of defaults in Quarterly TDS Statements from Financial Year 2007-08 to Financial Year 2016-17 (Q3)Handy Ready Reckoner for TDS/TCS Rates (FY: 2017-18 / AY: 2018-19)
We have compiled the TDS/TCS Rates for FY: 2017-18 in a printable PDF format. This could serve as handy ready reckoner. Click here to download.
View More Handy Ready Reckoner for TDS/TCS Rates (FY: 2017-18 / AY: 2018-19)Employers 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 returnTDS & TCS RATE CHART (FY: 2017-18 / AY: 2018-19)
 TDS RATE CHART FY: 2017-18 (AY: 2018-19) Section Nature of Payment Threshold Indv/ HUF Others   Rs. TDS Rate (%) 192 Salaries –…
View More TDS & TCS RATE CHART (FY: 2017-18 / AY: 2018-19)Consequences for a deductor if he fails to deduct TDS or fails to deposit it to the Government’s account
A deductor would face the following consequences if he fails to deduct TDS or after deducting the same fails to deposit it to the credit…
View More Consequences for a deductor if he fails to deduct TDS or fails to deposit it to the Government’s accountBasic 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 sourceCBDT issues PAN and TAN within 1 day to improve Ease of Doing Business
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017 CBDT issues PAN and…
View More CBDT issues PAN and TAN within 1 day to improve Ease of Doing BusinessIMPORTANT DATES – TDS & TCS
Tax Collection at Source (TCS) – FY: 2016-17 (Q4) Last Date of payment for March 2017 – 7th April 2017 Last Date for Return Filing…
View More IMPORTANT DATES – TDS & TCS