FVU 5.2 & FVU 2.148 released by NSDL
The Income Tax Department has released today (17th September, 2016), the following new File Validation Utilities: FVU version 5.2-For statement pertaining to FY 2010-11 onwards…
View More FVU 5.2 & FVU 2.148 released by NSDLKey Features -File Validation Utility (FVU) version 2.148
Changes in Form 27A generated from File Validation Utility. The Quarter of the statement is made available in Form 27A as generated from FVU. Example:…
View More Key Features -File Validation Utility (FVU) version 2.148Key Features -File Validation Utility (FVU) version 5.2
Addition of new fields for Form 24Q-Q4 under Annexure ll (i.e. salary details) as below: Aggregate rent payment exceeds rupees one lakh during the previous…
View More Key Features -File Validation Utility (FVU) version 5.2Avail the Benefit of CPC (TDS) Analytics for Correction of PANs in your TDS Statements
Date of Communication: 13/08/2016 Dear Deductor, TAN (XXXXXXXXXX) Centralized Processing Cell (TDS) has observed from its records that you have reported “Structurally Correct, however Invalid…
View More Avail the Benefit of CPC (TDS) Analytics for Correction of PANs in your TDS StatementsCPC Defaults in Quarterly TDS Statements exceeding Rs.10 Crore from FY 2007-08 to Q1, FY 2016-17
CPC (TDS) has issued a communication regarding outstanding defaults in quarterly TDS returns exceeding Rs.10 Crore from Financial Year 2007-08 to Quarter 1, Financial Year…
View More CPC Defaults in Quarterly TDS Statements exceeding Rs.10 Crore from FY 2007-08 to Q1, FY 2016-17Closure of defaults in Quarterly TDS Statements from FY 2007-08 to FY 2016-17 Q1
CPC (TDS) has issued a reminder communication to the banks regarding closure of defaults in quarterly TDS Statements from Financial Year 2007-08 to Financial Year…
View More Closure of defaults in Quarterly TDS Statements from FY 2007-08 to FY 2016-17 Q1CBDT Extends due date for filing of Income Tax Returns
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes  New Delhi, 9th September, 2016 Press Release Sub :-…
View More CBDT Extends due date for filing of Income Tax ReturnsCBDT relaxes rules for TDS claims by non-resident companies
Non-resident investors who do not provide permanent account number will no longer have to face higher tax deduction at source. The income tax department has…
View More CBDT relaxes rules for TDS claims by non-resident companiesCBDT amends TDS and TCS related certain rules
Background Recently, the Central Board of Direct Taxes (CBDT) has issued a Notification amending Income-tax Rules, 1962 (the Rules) with respect to Tax Deducted at…
View More CBDT amends TDS and TCS related certain rulesAdvisory for taxpayers
Check your 26AS Tax credit statement regularly! 26AS statement contains tax credits available to taxpayer for claim in Income Tax Return along with information on…
View More Advisory for taxpayers